Russia’s economic forum to be far smaller but moves forward

Russia’s economic forum to be far smaller but moves forward

MOSCOW (AP) — Organizers of Russia’s showpiece investment gathering are telling foreign participants to be sure to bring cash — not necessarily for making investments, but for spending money. With Russia under wide sanctions after sending troops into Ukraine, most foreign bank cards don’t work in the country. The advice for those at the St.

Digital currency is the future of Russia’s financial system, says country’s central bank governor

Digital currency is the future of Russia’s financial system, says country’s central bank governor

(Kitco News) Central bank digital currency is the future of Russia’s financial system, especially in light of the developing digital economy, said Russia’s central bank governor Elvira Nabiullina. “It’s the future for our financial system because it correlates with this development of digital economy, digital finance,” Nabiullina told CNBC on Wednesday. “We