Russia — Central Bank of Russia & Ukraine

Russia — Central Bank of Russia: Its immobilised assets generate the profits being transferred; the continued immobilisation and use of these funds negatively affect Russia's financial position.

Ukraine: Ukraine is the primary beneficiary, receiving funds to support its resistance and repay loans, improving its financial and military position.

Russia — Central Bank of Russia: The central bank has been forced to expand lending to banks to address the liquidity deficit caused by deposit outflows, reflecting its role in managing the crisis.

Ukraine: Ukraine's drone strikes on Russian oil infrastructure and Moscow have contributed to the economic instability in Russia, while also suffering civilian casualties from Russian attacks.

Russia — Central Bank of Russia: The central bank faces potential inflationary pressures from supply disruptions, complicating rate cuts.

Ukraine: Ukraine is conducting the drone campaign to pressure Russia and disrupt its military supply chain.

Russia — Central Bank of Russia: Subject to sanctions under the bill.

Ukraine: Beneficiary of the sanctions pressure on Russia.

Russia — Central Bank of Russia: The Russia — Central Bank of Russia>>>'s decision to set the country's key interest rate at 14.5% was a deliberate step to cool the economy and combat inflation, as stated by Vladimir Putin>>>.

Ukraine: Ukraine launched extensive drone attacks deep into Russia>>>'s territory, targeting oil terminals, naval bases, and weapons production facilities, demonstrating an increased capability for long-range strikes. This is a retaliatory measure against Russia>>>'s ongoing aggression.

Russia — Central Bank of Russia: The central bank recommended restructuring debts for Wildberries sellers, indicating economic fallout from the strikes. This may support affected businesses.

Ukraine: Ukraine conducted the drone strike, escalating its long-range campaign against Russian oil infrastructure. This may strengthen its negotiating position but also risks further Russian retaliation.

Russia — Central Bank of Russia: The central bank suggested the economy might not grow this year, adding to concerns about Russia's economic outlook.

Ukraine: Ukraine is portrayed as resilient and economically competitive despite the war, benefiting from Western financial support.