Russia is planning to cut the dollar’s share in its $125 billion sovereign-wealth fund, following a major move last year out of U.S. assets by the central bank. “Geopolitical ... Read More
The Bank of Russia is introducing an obligation under which brokers who use customer funds in their own interests must calculate the liquidity coverage ratio. The procedure for calculating ... Read More
The Central Bank of the Russian Federation has issued an announcement to publish banking statistics for the first seven months of 2017. Banking sector expands loan portfolio and resource ... Read More
On 28 April 2017, the Bank of Russia Board of Directors decided to reduce the key rate to 9.25% per annum. The Board notes that inflation is moving towards the target, inflation expectations are still ... Read More
The Central Bank of the Russian Federation (Bank of Russia) has issued an announcement to inform on revocation of banking licence of credit institution Finars Bank and appointment of ... Read More
By its Order No. OD-872, dated 5 April 2017, the Bank of Russia revoked the banking licence from the Kazan-based credit institution LIMITED LIABILITY COMPANY TATARSTAN AGRICULTURAL AND INDUSTRIAL BANK or LLC TATAGROPROMBANK (Registration No.728) from 5 April 2017. ... Read More
Bank of Russia, the Central Bank of Russia has issued a press releases to inform in relation with US Dollar/Ruble and Euro/Ruble Exchange Rates and Exchange Trade Indicators. The ... Read More
The Bank of Russia has issued an announcement to inform that it has revoked the banking license of a credit institution and for the appointment of provisional administration. According ... Read More
Depending on how soon all involved parties can come to an agreement, the law proposal will be submitted to the Duma by the end of 2016. The status of ... Read More
The Bank of Russia and the People’s Bank of China want to create a joint platform that would unite gold trading by the world’s two biggest gold buying countries. ... Read More
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