
Bank of Russia says key rate could well be raised again in month
The Bank of Russia admits an increase in the key rate as early as at the next meeting of its board of directors, the regulator’s …
The Bank of Russia admits an increase in the key rate as early as at the next meeting of its board of directors, the regulator’s …
Issues of strengthening trade exchanges and the use of national currencies in bilateral trade were the focus of talks between Russian Central Bank Governor Elvira Nabiullina and her Iranian counterpart, Mohammad-Reza Farzin, in Tehran on …
Kazakh banks will be able to export Russian rubles again. The restriction on the export of the currency of a neighboring state until the end of this year can be lifted in early summer.
Russia’s Central Bank has kept the key rate at 7.5% per annum for the fifth consecutive time, noting that it would consider the necessity of key rate hike to stabilize inflation at the targeted level of 4% at its forthcoming meetings. …
Turkish Foreign Minister Mevlut Cavusoglu said that late last month UN Secretary General Antonio Guterres proposed that Turkish banks could help process payments to Russia. Cavusoglu told TV 100 channel that the Turkish Banks …
Moscow and Caracas have advanced in the development of a system of exchange of financial messages, bypassing SWIFT, and the use of Russia's MIR payment system in Venezuela, Venezuelan Foreign Minister Yvan Gil Pinto told the joint news …
Russia's Central Bank extended restrictions on currency transfers abroad six additional months, through September 30, 2023, the regulator said. Therefore, Russian citizens and individuals who are residents from friendly countries …
Raiffeisen Bank International (RBI) CEO Johann Strobl told the meeting the bank would pursue a possible sale or spin-off of its Russian business. According to him, it would continue to reduce activity in Russia while it …
The banking payment systems of Russia and Iran are already connected with each other, Iranian Minister of Economic Affairs and Finance Ehsan Khandouzi said. He noted that the banks will soon be able to open accounts for companies …
Russia’s Central Bank has kept its key rate at 7.5% per annum for the fourth time running, noting the rate increase possibility should pro-inflation risks intensify, according to a statement released by the regulator. "The …
Russia’s Tinkoff Bank announced it has stopped money transfers to Turkey amid the Western sanctions. "Regrettably, we cannot transfer money to this country. Due to the sanctions, …
Georgia's National Bank has announced an open international tender for the procurement of an Instant Payment System (IPS), to be implemented in compliance with the procurement procedures of the World Bank. All payment system …
The recent inclusion of a number of Russian banks into sanction lists is not perceived as a shock anymore, Governor of the Russian Central Bank Elvira Nabiullina said. "The recent inclusion of new banks into sanction lists is not …
Turkey's central bank lowered its key rate by 50 basis points to 8.5% on Thursday. "It has become even more important to keep financial conditions supportive to preserve the growth momentum in industrial production and the …
Soon, Russian Mir cards will be accepted in some banks in Mongolia.
Russia’s international reserves gained $3.1 bln or by 0.5% over the week and amounted to $597.7 bln as of January 27, 2023, the Central Bank said on Thursday. "The amount of international reserves as of January 27 totaled …
Raiffeisen Bank International AG is evaluating all strategic options for Raiffeisenbank's future in Russia, including an elaborate exit from Raiffeisenbank, according to the group's statement. The net profit of the Russian …
Interest rates in the Gulf have been rising quickly as central banks matched course with the US
Russian banks may earn up to 1.5 trillion rubles ($20.7 bln) in 2023, which is a 1.5-fold increase compared with the record profit of 2021, according to a note on the country’s banking sector posted on the PSB Analytics Telegram …
A major cyberattack against the Central Bank of Iran (CBI) was neutralized, according to an Iranian cyber security official. The general director of the Infrastructure Communication Company notified that a significant DDoS attack …