The low rate of the Central Bank makes the investments of foreign investors in Russia less profitable and increases the risk of falling the ruble exchange rate. When to buy a currency? News Chairman of the Central Bank Elvira Nabiullina. Photo: Central Bank The weekend is time to think about your money. Today, the Central Bank for the fourth time since the beginning of the year has reduced the key rate, this time immediately at half aition - from 9% to 8.5%.

Russian retailers offer to extend the “Google tax” to their foreign competitors. What will this lead to? News Following the “Google” tax in Russia, “AliExpress tax” may appear. Photo: Wikimedia. Foreign online retailers want to oblige to pay VAT in Russia under the threat of blocking their sites. If the proposal passes, large online stores can increase prices by 15%, and sellers with Alibaba and Ebay-stop working with Russia.