The Central Bank of the Russian Federation also known as the Bank of Russia is the central bank of the Russian Federation, founded in 1860 as The State Bank of the Russian Empire, headquartered on Neglinnaya Street in Moscow. Article 75 of the Constitution of the Russian Federation establishes a special legal status of the Bank of Russia, gives it the exclusive right to issue currency (Part 1) and protect the ruble and ensure its stability, which is the main function of the Bank of Russia (Part 2). The status, purposes, functions and powers of the Bank of Russia are also spelled out in Federal Law No. 86-FZ, dated July 10, 2002, ‘On the Central Bank of the Russian Federation (Bank of Russia)’, and other federal laws. According to Article 3 of the Federal Law ‘On the Central Bank of the Russian Federation (Bank of Russia)’, the goals of the Bank of Russia are to protect the ruble and ensure its stability, promote the development and strengthen the Russian banking system, ensure the stability and development of the national payment system, develop the financial market of the Russian Federation and ensure its stability.
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Columns5| Company | Markets | New markets | Momentum | Activity | Expansion score |
|---|---|---|---|---|---|
 Central Bank Of The Russian Federation (Bank Of Russia)You | 3 | 0 | -100% | 3 | 53 |
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President Putin signed a law allowing Russia's Central Bank, postal services, and cash collectors to independently counter drone attacks by jamming signals or destroying drones without waiting for specialized services.
Russia's Central Bank analysts lowered 2026 GDP growth forecast from 1% to 0.7% despite high oil prices. Real wages expected to grow 3.9% in 2026, while budget deficit projected at 2.6% of GDP.
Russian authorities and business discussed investment incentives with President Putin, including monetary policy easing and expanding federal investment tax deductions to 5-6%. GDP growth forecasts for 2026 converge around 0.7%.
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