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Russian Prime Minister Dmitry Medvedev said at the 10th Gaidar forum that the United States itself constantly feeds the de-dollarization idea with its actions. "We are still dealing with the so-called …
Russia's ruble is the most undervalued currency against the U.S. dollar, according to The Economist magazine's Big Mac Index. In January, a Big Mac costs 110 rubles ($1.65) in Russia, compared with $5.58 in America. …
U.S. President Donald Trump said he has confidence in Treasury Secretary Steven Mnuchin and Fed Chairman Jerome Powell. Trump - answering reporters' questions at the White …
President of Azerbaijan Ilham Aliyev approved the state budget for 2019 on Dec. 22, Trend reports. Revenue part of the state budget for 2019 is forecast to total 23.168 billion Azerbaijani manats (including centralized revenues …
Russia increased its investment in U.S. treasury bonds by $210 million to $14.629 billion in October. In September, the figure reached was $14.4 billion, according to data published by the US Department of the Treasury. China …
The Bank of Russia Board of Directors decided to raise the key rate by 0.25 pp to 7.75% per annum today. The regulator said in a press release that the decision taken is proactive in nature and is aimed at limiting inflation risks that …
Russian President Vladimir Putin has suggested that Eurasian Economic Union (EEU) member-states should consider the idea of creating common payment infrastructure. "We suggest that the issue of creating common …
The Russian Finance Ministry hopes to place federal loan bonds in the Chinese yuan next year, head of the ministry's Department of National Debt and State-Owned Financial Assets Konstantin Vyshkovsky said during a video …
The Georgian presidential reserve fund will be canceled next year as no finances are allocated for it at this time. This year the reserve fund contained 5 million GEL. In 2019, funding for the Georgian Presidential …
EU finance ministers have agreed on steps to bolster the eurozone against future financial crises, striking a deal after negotiations that went through the night. "We made it," Eurogroup President Mário …
A rising number of Russian banks are involved in dubious foreign currency cash operations performed by individuals, the Russian Central Bank said in a letter. The same people buy foreign currency cash worth no less than $100,000 at a …
Russia's Central Bank may resume foreign currency purchases that were put on hold earlier this year as soon as January 15, 2019, Central Bank governor Elvira Nabiullina said at the VTB Capital forum in Moscow. …
Russia is taking part in developing a European counterpart of the Society for Worldwide Interbank Financial Telecommunications (SWIFT), the European Commission’s press service said. According to the EC's spokesperson, the …
Russia's Central Bank chairperson Elvira Nabiullina said that the central bank and the government should not force market players to have their deals in rubles, making ruble deals profitable instead. "To make …
Russia's economic situation reminds me of the era of post-war stagnation, Russian Accounts Chamber Chairman Alexei Kudrin said today. "For the last 10 years we have been living with a growth rate of 1%. …
Russia's Finance Ministry is planning its first euro-denominated bond in half a decade as Moscow strives to reduce dependence on the U.S. dollar. The Eurobond settlement date is scheduled for December 4, 2018, the bond's …
Armenia's National Assembly approved the government budget for 2019 at the meeting today. As many as 66 MPs voted for the budget, four voted against it and two abstained. MPs from the Republican Party of …
Russia's stock market demonstrates record-breaking performance in the ruble index this year, Managing Director of the Money and Derivatives Market at the Moscow Exchange (MOEX) Igor Marich said. "The …
Russian Central Bank Chairperson Elvira Nabiullina said that the central bank does not rule out that it may resume a cycle of key rate reduction in late 2019. "Considering the external factors and such …
The Georgian delegation headed by Prime Minister Mamuka Bakhtadze has left for Brussels today to hold a meeting with the EU officials, including President of the European Commission Jean Claude Juncker. …
