Central Bank of Russia
Coverage of Central Bank of Russia in the Nexus archive.
- ‘Significant Problems’ in Russian Banking System as Public Withdraws Cash en Masse
Russians have withdrawn over 2.4 trillion rubles (€26.9 billion) in cash since February due to internet blackouts and economic uncertainty, causing liquidity issues for banks. The Central Bank of Russia has injected billions of rubles into the financial system to address the crisis.
- Russia on track for digital ruble rollout on Sept. 1: Central bank governor
Russia is set to roll out its digital ruble on Sept. 1, as announced by its central bank governor. EU authorities have preemptively sanctioned the digital ruble in 2025 as part of measures responding to Russia's war against Ukraine.
- Russia authorizes its central bank to shoot down drones
Russia authorized its central bank and financial institutions to shoot down drones amid increased attacks from Ukraine. A central bank branch in Crimea was struck by a rocket, which a local official blamed on Ukraine. Ukraine has intensified strikes on Russian territory, prompting Moscow to scale back security-sensitive events like Victory Day celebrations.