page 3
In Russia, restrictions on the withdrawal of foreign currency remain. It has been in force for almost two years. Today, it has been extended for another six months by decision of the Central Bank.
The savings of Russians kept in yuan have doubled over the year. The volume of loans in yuan has also increased. The yuan has surpassed the dollar in terms of the volume of funds in the Russian banking system.
The Russian foreign debt declined by 14.9% year on year or by $57.1 bln to $326.6 bln as of January 1, 2024, the Russian Central Bank reported. It was noted that the main contribution was from reduction of commitments of other sectors …
A currency agreement between the Russian Federation and the Islamic Republic may be signed soon. The head of the Iranian Central Bank announced the approximate dates.
The Central Bank will begin to cut the key rate next year. This was stated by the Head of Sberbank Herman Gref.
The board of directors of the Bank of Russia raised its key rate from 15% to 16% per annum at this year’s last meeting, noting that the return of inflation to target in 2024 assume that tight monetary conditions will be maintained in the …
The vast majority of Russian banks are under British sanctions, the kingdom's government department reports. Restrictive measures also concern the Central Bank of the Russian Federation and the Ministry of Finance.
Russia’s Central Bank will increase the key rate again unless it sees sustainable slowdown of inflation and inflation expectations' cooling, the regulator’s Deputy Governor Olga Polyakova said. "At …
The Bank of Russia has effective tools to reduce inflation to the target of 4%, and will be ready to raise the key rate for this purpose, the regulator’s …
The Bank of Russia will be ready to raise the key rate again this year if signs of lasting slowdown of inflation do not appear, central bank chief Elvira Nabiullina said at the press conference after the Board meeting. …
Today, the Central Bank raised the key rate from 13% to 15%. The decision is related to inflationary pressures.
The Bank of Russia admits maintenance of tight monetary policy throughout 2024 for returning inflation to the targeted level of 4%, the regulator’s Deputy Governor Alexey Zabotkin said. "It will probably be …
The Central Bank is skeptical about the idea of following China’s experience in strictly regulating financial markets
Segmentation of the foreign exchange market, including with the use of so-called membranes, will lead to multiple exchange rates and negative consequences for the financial market as a whole, the …
Russia's Central Bank decided at its board of directors meeting on Friday to raise its key interest rate by 100 basis points to 13%. The Central Bank said that inflationary pressure in the Russian economy remains high. The …
The Bank of Russia will sell foreign currency for a total amount of 150 bln rubles
The Central Bank of the Russian Federation does not rule out raising the key rate due to the growth of pro-inflationary risks
The price of the US currency for September 1 is established at the level of 96.33 rubles, the price of the euro rose to 104.94 rubles
Russia’s government and the Bank of Russia have drafted a decree on unblocking a chunk of foreign assets to be exchanged for Russian …
The Bank of Russia does not rule out an additional increase in the key rate in case of stronger pro-inflationary risks, the press service of the regulator said. The …
