Teimuraz Vashakmadze

Central Bank of Russia maintains key interest rate at 11%

Central Bank of Russia maintains key interest rate at 11%

The Board of Directors of the Russian Central Bank decided to keep its key interest rate at 11%, based on the results of its meeting today. According to the press service of the Central Bank, despite certain stabilization on financial …

Will European Central Bank help the ruble?

Will European Central Bank help the ruble?

The European Central Bank's monetary stimulus measures provoked a sharp reaction from the stock and currency markets: the euro exchange rate rose and indexes dropped. The head of the regulator said about the expansion of the …

Kudrin expects easing of sanctions in late 2016

Kudrin expects easing of sanctions in late 2016

Former Russian Finance Minister Alexey Kudrin said at the Davos economic forum that relations between Russia and the West will be normalized and sanctions will be lifted. "I am confident that the sanctions will …