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Reflections from our correspondents on the ground in the Russian capital.

MOSCOW BLOG: It's Russia’s cheapest crisis ever and the CBR is still accumulating cash

June 10, 2020

Its Russia’s cheapest crisis ever and the country is still accumulating cash, despite the coronacrisis

MOSCOW BLOG: Russia’s rebound becomes visible as the ruble breaks below RUB70 to the dollar

June 3, 2020

The ruble broke back below RUB70 to the dollar this week and was trading at RUB68.48 to the dollar after oil prices briefly touched $40. A predicted rebound in the Russian economy appears to be underway.

MOSCOW BLOG: Prime Minister Mikhail Mishustin 100 days of servitude

May 4, 2020

May 1 marks the end of the first 100 days since Prime Minister Mikhail Mishustin took over at the helm of the Russian government, and if a week is a long time in politics then three months is a geological age.

MOSCOW BLOG: The Russian budget under coronavirus pressure in 2020

April 30, 2020

Russia’s budget will be hard hit by the current crisis as GDP could contract by as much as 20% this year, leading to tax revenues drying up. But the Kremlin has a lot of money in the bank. The problem is that it really doesn't want to spend it.

MOSCOW BLOG: Russia caught out by oil plunge

April 24, 2020

Did Russian President Vladimir Putin just screw up in a spectacular fashion? Russia pulled out of the OPEC+ production cut deal on March 6, setting off a downward spiralling of prices that ran out of control