Articles with tag "Central Bank"

Gold and Forex

Russia's Central Bank Flip-Flops on Need to Build Up Reserves to $500Bln

High reserves can protect the country from the effects of sanctions.
Central Bank

Russia May Be Done Raising Rates After 2018 Hikes, Central Banker Says

Russia's central bank will not need to raise interest rates further if it considers the impact of its two rate increases last year to be enough
Central Bank

Russia’s Foreign Debt Shrinks to Decade Low

Russia’s public and private debt declined by 12.4 percent to $453.75 billion as of Dec. 31 — its lowest level since April 1, 2009.
Central Bank

Russia Dumps $101 Bln From Dollar Reserves in Pivot to China

Russia has been trying to reduce exposure to assets that could be affected by U.S. restrictions.
Central Bank

Russia Unexpectedly Hikes Interest Rate as Inflation Risks Mount

Russia’s central bank unexpectedly increased borrowing costs for the second time this year.
Central Bank

Russian Central Banker Nabiullina Named in Forbes' List of Most Powerful Women

Nabiullina has garnered praise for her handling of challenges including the free floating of the Russian ruble in 2014 and Russia’s growing political...
Central Bank

Russian Central Banker Retires, Tied to Suspected Agent Held by U.S.

Torshin is believed to have directed Maria Butina, accused of operating as a Russian agent in Washington earlier this year.
Economy

Bank of Russia Hikes Interest Rates For the First Time Since 2014

Russia’s central bank unexpectedly raised interest rates as inflation risks mount with a slumping currency and threats of U.S. sanctions
Central Bank

Cost of Lending Should Fall in Russia, Medvedev Says

"We are planning to strive for lower cost of loans," Medvedev told an annual Moscow Financial Forum.
Central Bank

Goldman, Citi Decry Russian Plan to Limit Funds Held Abroad

The central bank proposed the restrictions in response to the threat of new sanctions against Russia from the U.S. and Europe.
Central Bank

Russian Central Bank Buys More Gold in Face of Tougher Sanctions

Moscow is dumping American assets to shield itself from the growing risk of harsher sanctions, analysts say.
Central Bank

Russia Wants to Dodge Sanctions With More Secret Contracts

A new proposal will help Russian state firms avoid incurring U.S. sanctions by hiding information about some public contracts from disclosure.
Central Bank

Russian Bank Blames Millennials for Threatening Pension System

Millennials tend to spend money on experiences that are not forward-looking, Russia's Central Bank said.
Central Bank

Russia Unveils New 100-Ruble Bill Before FIFA World Cup

The technicolor bill depicts legendary Soviet goalkeeper Lev Yashin, easter eggs and a QR code.
Europe

Trump Might Get Thank-You Notes for Russian Bond Sanctions

Investors are waiting for a Treasury report due by Jan. 29 analyzing the implications of sanctions on sovereign ruble bonds, a third of which are held...
Central Bank

Capital Flight from Russia Soars to $31.3 Bln in 2017

It marked a 160 percent increase from 2016.
Central Bank

Russia Promotes New Rubles with Dabbing Babushka Music Video

Russia’s central bank published a slick music video remake of the popular “Vladivostok 2000” song
Banks

This Russian Doomsayer Doesn’t Believe in Banks, But He Runs One

“If you tell me that you need to build a bank, then don’t come to me or our team.”
Banks

How Russia's Bank Clean-Up Got Hijacked and Landed a Senator in Jail

The cleanup of Russia’s banking sector is proving dangerous for some owners
Central Bank

Russia Unveils QR-Coded 200, 2,000 Ruble Bills

Russia’s Central Bank and Goznak, the national mint, unveiled new 200- and 2,000-ruble bills on Thursday
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