The Central Bank of Russia is taking effective steps to stabilize the national currency and the economic situation as a whole, according to the Deputy Managing Director of the ... Read More
The Russian ruble fell sharply on Thursday after the Central Bank announced it was buying foreign currency worth $100-200 million daily to replenish its reserves, a sign it thinks ... Read More
President Vladimir Putin said Thursday that Russia’s economy could return to growth in less than two years, even though he considers it unlikely that the West will lift economic ... Read More
The Central Bank of Russia is going to gradually move away from international ratings to Russian ones, Chairperson Elvira Nabiullina at the Russian Bank Association conference. “We are thinking ... Read More
On 13 March 2015, the Bank of Russia Board of Directors decided to reduce the key rate from 15.00 to 14.00 percent per annum taking into account that the balance of risks is still shifted towards a more significant ... Read More
Global gold demand slumped to its lowest level in five years in 2014 as bar and coin buying plunged and jewelry purchases cooled, according to the World Gold Council (WGC). ... Read More
Central Bank of Russia issued a press release informing: On including securities in Bank of Russia Lombard list Pursuant to the decision of the Bank of Russia Board of ... Read More
Russia’s central bank replaced its head of monetary policy after a series of emergency measures failed to contain the ruble’s decline, drawing criticism from President Vladimir Putin. Dmitry Tulin, a ... Read More
Traders are claiming that the Central Bank of Russia has stepped back into currency markets to halt the rouble’s slide as it continued to fall in early trading on ... Read More
Russia’s central bank has unexpectedly raised its key bank interest rate over concerns about inflation and “geopolitical tension”. The bank’s board decided to raise the interest rate by 50 ... Read More
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