Russian banks are allowed to sell foreign currency in cash to individuals without restrictions, with the exception of euros and dollars, from May 20. For dollars and euros a special procedure will remain in place until September 9, the …
Annual inflation in Russia in April increased by 1.14 percentage points to 17.8%, the monthly price growth adjusted for seasonality, amounted to 1.5%, the Bank of Russia reported. "Weekly price growth slowed down during the month …
The Russian central bank on Monday said Russian residents and non-residents from friendly states will be able to channel foreign currency abroad equivalent to up to $50,000 a month, from the previous limit of $10,000. Non-residents from …
The Bank of Russia believes that the imposed sanctions and restrictions on the export of Russian goods and imports will remain until 2024, the regulator said in a report on monetary policy on Wednesday. "The Bank of Russia assumes …
Russia's central bank lowered its key interest rate to 14% in a sharper-than-expected move on Friday and said it saw room for cutting rates further this year, as it tries to manage a shrinking economy and soaring inflation. "If …
Russia’s Central Bank has changed the procedure for calculating official exchange rates of the dollar, euro and yuan against the ruble to ensure business continuity of economic agents on Russian territory. Now the exchange rate will be …
The Russian central bank said on Thursday it had decided to extend measures to ease forex currency control measures for all Russian export-focused companies. The mandatory sales of foreign currency earned by these companies remain in …
Russian international reserves grew by 0.3% over the week of April 8-15, the Russian Central Bank said. "As of April 15, international reserves amounted to $611.1 billion, having increased over the week by $1.7 billion, or …
Russia has all necessary financial resources, there is no threat of default, Governor of the Bank of Russia Elvira Nabiullina said on Thursday. "Russia has all necessary financial resources, there is no threat of default," she …
As many as 52 foreign organizations from 12 countries have joined the System for Transfer of Financial Messages (SPFS, an analogue of SWIFT), Central Bank Governor Elvira Nabiullina said addressing the State Duma (lower house) on Monday. …
The Russian economy still has reserves, though they will end, Central Bank Governor Elvira Nabiullina said addressing the State Duma (lower house) on Monday, adding that the country is expected to enter the period of structural transformation in …
The Russian central bank has relaxed temporary capital control measures, which were introduced to support the domestic currency and prevent capital outflows. According to the Bank of Russia, starting on April 18, domestic banks are once …
There are no restrictions on the transfer of funds in rubles by Russian residents to accounts opened in foreign banks, the Central Bank informs. Since March 1, residents of Russia have been banned from transferring foreign currency to …
The Russian central bank had assessed the probability that its gold and foreign reserves could be frozen as low, RIA cited Central Bank First Deputy Governor Ksenia Yudayeva as saying on Thursday. Yudayeva called the move by western …
Russia's international reserves from April 1 to April 8 amounted to $609.4 billion, the Russian Central Bank press service reports. "International reserves as of April 8 amounted to $609.4 billion, having increased over the …
The Russian central bank sharply cut its key rate to 17% on Friday and said it holds open the prospect of further cuts at upcoming meetings. Last month, the central bank kept its key interest rate at 20% following massive emergency hike …
Russia's central bank said on Friday it was softening restrictions on foreign fund transfers for individuals for a six-month period. The bank said the measures, which raise an earlier limit on funds that can be transferred abroad, …
On Monday, March 28, the Central Bank of Russia will resume trading on the Moscow Exchange, the message of the Central Bank of the Russian Federation reads. ""The Bank of Russia decided to conduct trading on the Moscow …
Russia has imposed restrictions on the movement of funds to unfriendly countries for a comparable amount in response to the freezing of part of its gold and foreign exchange reserves by Western countries, the Central Bank said on Friday. …
Russia’s Central Bank has assured that all gold from gold and foreign currency reserves is in its vaults on the country’s territory, according to the files released by the regulator on Friday. "All gold from our gold …
