Support The Moscow Times!
Contribute today

Articles with tag "Central Bank"

central bank

Net Capital Outflow from Russia Increases by 1.6 Times to $28Bln

The outflow was mainly due to banks' operations, which have steadily been paying down external liabilities and building up their foreign assets.
buffer zones

Russia’s Top Borrowers Join Calls to Let Banks Use Domestic Ratings

There is a movement to allow Russian agencies to set banks’ capital buffers, which the central bank is resisting.
de-dollarization

Putin’s Pledge to Ditch the Dollar Is Slowly Becoming a Reality

The Russian president wants to lower the economy’s vulnerability to U.S. sanctions.
'Financial fortress'

Russia's Gross International Currency Reserves Top $530Bln

Moscow, buying gold, is seeking to reduce its dependence on the U.S. dollar.
Rate Cut

Russia’s Central Bank Cuts Key Rate to 7.25%

The bank said it might lower rates again at its next review meeting in September.
inflation impact

Bank of Russia Says Inflation Drop Doesn’t Mean Bigger Rate Cut

The bank is expected to cut the interest rate on July 26.
In The Money

Russia’s Current Account Sees Bumper Surplus in First Half

A large trade surplus and an increase in foreign direct investment account for the surplus.
Rate cut

Russia’s Central Bank Cuts Key Rate to 7.5%

The bank cut the rate for the first time this year and said it might lower rates again.
Gold rush

Russian Foreign Currency and Gold Reserves Hit $500Bln

Reserves are at their highest level since 2014.
problematic ratios

Russia’s Banking Sector Is Weak Despite Bailouts – World Bank

The country has a higher ratio of non-performing loans than other emerging markets.
credit bubble concerns

Russian Consumer Loans Ballooning Despite Central Bank Attempts to Cool Market

People are tired of the ascetic lifestyle.
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.
View more articles