Russian Ministry of Finance

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Finance Ministry assures Russia to cope with falling oil prices

Russia’s Finance Ministry said it would sell foreign exchange reserves in a bid to stabilize the ruble. “The value of liquid assets of the NWF and funds in the account for additional oil and gas revenues stand at more than …

Finance Ministry assures Russia to cope with falling oil prices

Russian government buys Sberbank

Russian Finance Ministry announced that it would purchase the central bank’s stake in Sberbank, Russia’s largest lender. The finance ministry said it would buy the central bank’s 50%-plus-one-share stake in Sberbank …

Russian government buys Sberbank

Siluanov: Russia’s GDP grows 2.2% on year in October

Russia’s GDP growth sped up to 2.2% on the year in October, but will fall within the government’s forecast of 1.3% in 2019, Russian Finance Minister Anton Siluanov said during the Russia Calling! business forum. …

Siluanov: Russia’s GDP grows 2.2% on year in October

Russia's crude export duty to be raised in winter

Russia's crude export duty will be increased by $2.2 to $90.5 per ton from December 1, 2019, according to the Russian Finance Ministry's website. Russia's current crude export duty is $88.3 per tonne. From October …

Russia's crude export duty to be raised in winter

Russia’s budget surplus reaches 3.071 tln rubles

Russia’s budget surplus increased to 3.071 trillion rubles in January–October, as compared with 2.987 trillion rubles in January–September,according to the Russian Finance Ministry materials. Budget revenue amounted to …

Russia’s budget surplus reaches 3.071 tln rubles

Finance Ministry: Russia’s budget policy stable

Russia’s budget policy is stable and poses no inflation risks, Russian Deputy Finance Minister Vladimir Kolychev said at the S&P Global Ratings 2019. He noted that it will remain stable even if around 1 …

Finance Ministry: Russia’s budget policy stable

Russia's Finance Ministry to offer 100 bln rbl new OFZ bonds

Russia's finance ministry said it will issue 100 billion rubles ($1.52 billion) worth of new ruble-denominated OFZ treasury bonds maturing in July, 2022. New OFZ treasury bonds are expected to be available on August 21. …

Russia's Finance Ministry to offer 100 bln rbl new OFZ bonds

Russia reduces crude export duty by $16.2 on August 1

Russia's crude export duty will be reduced by $6.2 to $94.1 per ton from August 1, 2019, according to the Russian Finance Ministry's website. Russia's current crude export duty is $100.3 per ton.  …

Russia reduces crude export duty by $16.2 on August 1

Russia's Central Bank buys forex worth 19.06 bln rubles

Russia’s Central Bank bought foreign currency worth 19.06 billion rubles on June 25 as it resumed its forex purchases for the state reserves, the bank said. The Russian Finance Ministry would allocate 310.3 billion rubles or …

 Russia's Central Bank buys forex worth 19.06 bln rubles

Russia becomes leader in dumping dollar

Russia has became one of the main drivers in the process of dedollarization last year, the European Central Bank said in its June report on the strengthening of the role of the euro in the global economy. According to the authors of the …

Russia becomes leader in dumping dollar

Russia reduces crude export duty by $10.1 on July 1

Russia's crude export duty will be reduced by $10.1 to $100.3 per ton from July 1, 2019, according to the Russian Finance Ministry's website. Russia's current crude export duty is $110.4 per ton.  …

Russia reduces crude export duty by $10.1 on July 1
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