The Bank of Russia started to work on creation of a national digital currency.

The Central Bank is going to increase Russia's international reserves up to 500 billion dollars with favorable economic conditions.

From January to May, the net export of capital from Russia reached 22.4 billion US dollars. For the same period in 2016, the figure was 10.3 billion dollars.

Orenburgneft (a subsidiary of Rosneft) has opened a new oil field in Bakhtiyarovskoye of the Orenburg region.

This happened due to the favorable exchange rate of the ruble and the policy of import substitution.

In 2016 Russian airlines suffered losses of 10 billion rubles, despite the state's attempts to support the industry.

The Russian Direct Investment Fund (RDIF) plans to sign two-sided transactions with a total investment volume of over 100 billion roubles at the St. Petersburg International Economic Forum (SPIEF).

Bloomberg points out that the fall in the dollar's exchange rate has lowered the price of American wheat, making it more competitive.

Forbes presented a new list of inherits of the richest Russian businessmen. The list includes 20 families.

The largest enterprise in the country is Gazprom, which took the 40th line of the list (53rd - last year).

Now the international organization assumes that the volume of the economy would increase by 1.3 percent. Previously, it forecasted an increase of 1.5 percent.

The National Center of Informatization (NCI) of Rostekh and SAP CIS Company have developed an automated control system for the state corporation (ACU GK) to create a digital enterprise in the public sector and the industrial complex.

Russian banks issued more than 334,000 “bad” or fraudulent loans in 2016: no payments were made on such loans within four months from the date of their arrangement.

Credit institutions are very sensitive to the changes in the macroeconomic situation and have a low level of capital adequacy.

The risks for Russia’s borrowing capacity are increasing due to the aging population and the growing burden on the pension system.

Alfa-Bank provided funding for the construction of an import-substituting plant for fresh mushroom cultivation in Kursk Oblast.

The best cars in 23 categories, according to Russian car enthusiasts, were named in Moscow within the framework of the annual national award “Car of the Year 2017 in Russia”.

The task can be solved by increasing domestic production of seafood delicacies in the Kuban and Crimea.

The online service of taxi orders “Yandex. Taxi” involved JP Morgan as the organizer of the transaction on the sale of a minority stake.

One of the largest Chinese agricultural producers “Hunan Jinzhou Tea” plans to open a production facility of tea and canned fruits and juices in Moscow Oblast.