Issue 4270. Last Updated: 11/08/2009

State Bank Set to Put Money in Markets

By Courtney Weaver
Prime Minister Vladimir Putin announced Friday that the state-owned Development Bank would this week start pumping 175 billion rubles ($6.7 billion) into Russian stock markets, which have plummeted more than 60 percent since their highs in May.

Subscribing to The Moscow Times online

To receive access to this service, you will have to register and subscribe.

If you have any difficulties with making payment please contact Yury Voloshin at payment@themoscowtimes.com



Discussion

Comments

print


 For bloggers



Most Read

  1. Policeman Makes YouTube Appeal to Putin
  2. RusAl Accused of ‘Terror’ Campaign
  3. Haye Shocks Valuyev in "David versus Goliath" Match
  4. Massive Dominoes Form Tribute to Fall of the Wall
  5. The Moscow Bubble
  6. Globaltrans Seeks Capital to Expand
  7. GM Replaces Europe Chief Who Pushed for Opel’s Sale
  8. Iran Warns Russia Not To Delay Arms Delivery
  9. Ukraine Official Says Flu May Delay Vote
  10. Naftogaz Makes ‘Difficult’ Payment