Russia's international reserves were reported at $609.5bn as ... to cover the whole budget deficit for at least two years. The federal budget deficit was projected to end 2024 at RUB3.3 trillion ...

The Russian ruble is back. The USD/RUB exchange rate has retreated from last year’s high of 114.45 to the current 98.30, its ...

Russia's crude oil exports from its western ports in February are set to fall by 8% versus January's plan as Moscow increases ...

Scott Bessent, tapped by Donald Trump to be treasury secretary, faced sharp questions from Democrats and Republicans on tax ...

Russia could run out of liquid reserves as soon as this fall, one European economist has said. The nation's liquid reserves have dwindled to $31 billion, down from $117 billion in 2021.

Russian banks made record annual profits of 4 trillion roubles ($40.7 billion) in 2024, the central bank said on Thursday, as ...

Mr Scott Bessent is a hedge fund manager and founder of Key Square Capital Management. Read more at straitstimes.com.

Gold prices rose nearly 1% on Friday, lingering near record high levels scaled in October, steered by U.S. President Donald ...

WASHINGTON (Reuters) -President-elect Donald Trump's pick for Treasury secretary, Scott Bessent, said on Thursday that the dollar should remain the world's reserve currency, the Federal Reserve should ...