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Russia's Finance Ministry sees no particular need to issue Eurobonds this year, Deputy Russian Finance Minister Sergei Storchak said. The Finance Ministry plans to focus on the domestic debt market, he noted, describing …
Russia’s top mobile phone operator MTS said it has doubled its estimated losses from a long-running dispute with Turkmenistan to $1.5 billion. The company was forced to suspend services in the Central Asian republic in 2017 after …
Russia's gold and forex reserves have hit the 487.8 billion dollars mark, breaking a five-year record on 1 April, when the figure stood at 486 billion dollars, according to the Russian Central Bank’s data. This comes as the …
Money transfers to poor and developing countries hit a fresh record in 2018 and should become their largest source of external financing this year, the World Bank said. But, according to the bank, many banks and money transfer operators …
The U.S. dollar exchange rate against a basket of major currencies may drop by 6% by the end of 2019, according to Morgan Stanley experts. They expect the U.S. currency will depreciate because of the U.S .economic slowdown and the Federal …
Russian Central bank's first deputy chairperson Ksenia Yudayeva said that the Russian currency market demonstrated the most calm reaction compared to all others emerging markets. "There was a rather strong …
Russia can borrow on the international debt market again in 2019 if the situation is favorable on the market, the head of the Russian Finance Ministry’s debt department Konstantin Vyshkovsky said. "The …
Russian Central Bank will register and grant a basic license to Bank 131 (Kazan), according to the central bank's statement posted on the website. According to the statement, the bank was granted a license to conduct all banking …
The results of a Russian Eurobond sale could help reduce the need for borrowing on the domestic market, Russia's Finance Minister Anton Siluanov said. "Neither the sanctions nor the hostile rhetoric of the West …
The board of directors of the Bank of Russia decided to keep the key rate at 7.75% per annum, the regulator said in a press release following the board meeting on Friday. "If the situation develops in line with the baseline …
Global Head of Debt Capital Markets at VTB Capital Andrey Solovyev said investors from the United Kingdom, the United States and Russia were the main buyers of dollar-denominated and euro-denominated Russian Eurobonds. …
Russia’s Finance Ministry has selected lenders VTB Capital plc, a unit of VTB, and Gazprombank to organise its international 2019 Eurobond issue, the ministry said in a statement. …
The dollar exchange rate declined below 65 rubles during trading on the Moscow stock exchange last week, while the euro exchange rate dropped below 74 rubles. This week the dollar fluctuated near 64.5 rubles on Monday-Wednesday, …
Russia’s ownership of U.S. long and short-term securities dropped in January from $13.216 billion to $13.18 billion compared to the previous month, Treasury Department data revealed. At the beginning of 2018 Russia owned $96.89 …
Gazprombank is ready to participate in all Azerbaijani investment projects implemented on a project finance basis, the bank's deputy chairman Famil Sadigov said during the business seminar 'Azerbaijan on the way to the …
National Bank of Kazakhstan will continue to adhere to the regime of free floating exchange rate, the National Bank's new chairman Yerbolat Dossayev said at a government meeting. "The volume of net …
International rating agency S&P Global Ratings has affirmed its 'BBB-/A-3' long- and short-term foreign and local currency sovereign credit ratings on Kazakhstan, the forecast is 'stable.' "The stable outlook …
Russia’s central bank may cut its key interest rate as soon as late 2019 if the economy develops in line with forecasts, the bank’s head of monetary policy department Alexey Zabotkin said. He added that the …
Kazakhstan’s central bank kept its policy rate unchanged at 9.25%, in its first review since last month’s leadership reshuffle at the Central Asian nation’s financial regulator. The bank said in a statement that the …
Russian President Vladimir Putin will meet with Сentral Bank Chairwoman Elvira Naiullina today, Kremlin spokesman Dmitry Peskov said. "The president is working in the Kremlin …
