🇷🇺 Russia · Education, Finance & markets, Consumer
50 storiesPutin backs plan for a dedicated neural network in Russian education
President Vladimir Putin supported a proposal to create a dedicated neural network for Russia's education sector at a video meeting with teachers on 5 October, Teacher's Day. Education Minister Sergey Kravtsov said the ministry will impleme…
Bank of Russia raises official dollar rate to 84.93 rubles for October 6
The Bank of Russia set the official dollar rate for October 6 at 84.93 rubles, up 1.45 rubles from 83.48 rubles on October 3, with the euro rising 1.01 rubles to 95.33 rubles and the yuan up 0.22 rubles to 12.65 rubles. RBC reported the rub…
Dollar tops 86 rubles on forex as central bank currency buying rises
The dollar rose above 85 rubles in Moscow trading on October 5, TASS and Kommersant reported, with Kommersant putting the Forex rate at 85.0001 rubles at 13:17 Moscow time, up 1.44%. Kommersant later said the over-the-counter rate reached 8…
T-Technologies units receive licences to work on Russia's crypto market
Companies belonging to the T-Technologies group have received licences to work on Russia's cryptocurrency market, the group's press service said, according to Interfax. The Atomize platform was added to the register of digital depositaries …
Bank of Russia publishes digital depository register including Sberbank, VTB
The Bank of Russia has published a register of digital depositories that includes Sberbank and VTB, and VTB was also entered in the register of organisations conducting digital currency exchange. VTB said it expects to open crypto trading t…
Musk becomes trillionaire again as Tesla and SpaceX shares rise
Elon Musk’s fortune again exceeded $1 trillion, RBC, TASS, Vedomosti, iXBT, 3DNews and Kommersant reported. TASS said it rose by $30.6 billion from October 2, and Vedomosti, iXBT and Kommersant, citing Forbes, gave the same figure, driven b…
Russia's central bank says 220,000 digital ruble accounts opened in first month
Russia's central bank said more than 220,000 digital ruble accounts were opened in the month after the project's broad launch on 1 September 2026, well above its own forecast of about 60,000 accounts by year-end. The pilot phase, which ran …
Moscow Exchange precious metals trading topped 557 bln rubles in September
Trading in precious metals on the Moscow Exchange exceeded 557 bln rubles in September, twice the figure for the same month last year, according to data published on the exchange’s website and reported by TASS, Vedomosti and Kommersant. Gol…
MGKL CEO Lazutin plans to raise his stake to 29% from 12.7%; shares jump 9.4%
The chief executive of Russian pawnshop group MGKL, Alexei Lazutin, plans to increase his stake in the company from 12.7% to 29% through off-exchange deals. MGKL shares rose 9.4% to 2.115 rubles on the news before easing to 2.04 rubles, up …
France school protests: 190 students injured, 400–500 lycées shut
At least 190 school students have been injured during high-school protests in France, education minister Édouard Geffray said, adding that a new count was due that evening. Kommersant reported that 78 teachers and school staff had also been…
Russian stock indices open higher on Ukraine talks hopes, LUKOIL report
The Moscow Exchange and RTS indices rose at the opening of trading on Monday, with Interfax reporting a 0.7% gain and TASS reporting 0.6%. Interfax attributed the rise to hopes of lower geopolitical risks and a continued negotiating track o…
Comex gold falls below $4,150 an ounce for first time since Sept 28
Gold futures on the Comex exchange dropped below $4,150 per troy ounce for the first time since September 28, TASS and Kommersant reported. Kommersant said the December contract was down 0.76% at $4,130.7 an ounce at 05:35 Moscow time, then…
Russia plans over 370 bln rubles for student scholarships in 2027-2029
Russia plans to allocate more than 370 billion rubles to student scholarships across 2027-2029, TASS and RIA Novosti reported, citing the explanatory note to the draft budget. TASS said presidential and government scholarships are to receiv…
Russia considers permanent Islamic banking regime, Central Bank discusses regulation
Media reports cited by RIA Novosti say Russia wants to move Islamic banking to a permanent regime. TASS, citing the newspaper Izvestia, reports that the Bank of Russia is discussing options for permanent regulation of Islamic banking. The a…
Putin authorises UniCredit to reorganise and split its Russian business
President Vladimir Putin has authorised Italy’s UniCredit to reorganise its Russian subsidiary, AO UniCredit Bank, by spinning off a separate entity whose shares go to the bank’s sole shareholder, and to carry out transactions to acquire th…
Putin warns AI must not replace schoolchildren's independent thinking
President Vladimir Putin said the use of artificial intelligence in education must not replace pupils' own thinking, warning that using AI only to get a ready answer leads to a dangerous result. He spoke at a meeting with laureates of the A…
Putin warns against society splitting into intellectual elite as AI develops
President Vladimir Putin said Russia must not let society divide into an intellectual elite and those left behind as artificial intelligence develops, speaking at a meeting with teachers on Teacher's Day. He also said AI should not replace …
Russia’s Finance Ministry pays 7bn rouble coupon on 2042 Eurobonds
The Russian Finance Ministry said it paid 7 billion roubles in coupon income on Eurobonds maturing in 2042, with the funds received by the payment agent, NCO JSC National Settlement Depository, Vedomosti reported. Vedomosti put the dollar e…
Putin meets laureates of Russia's Teacher of the Year contest on Teacher's Day
President Vladimir Putin met laureates of the nationwide “Teacher of the Year” contest and other pedagogical competitions on 5 October, which Russia marks as Teacher's Day, according to TASS, RIA Novosti and RBC. TASS reported Putin called …
Belgian court bars ex-Yukos shareholders from Bank of Russia asset-freeze case
A Belgian court refused former Yukos shareholders Hulley Enterprises and Veteran Petroleum permission to join the Bank of Russia's lawsuit against the Council of the EU over the indefinite freeze of Russian assets, per a ruling published on…