Search Results for: Ruble
BRICS to establish new multi-currency financial order
May 25th, 2015
The new BRICS initiatives break the monopoly of existing western institutions over the financial order – a very important symbolic change, as it’s the first time a global financial institution is led by developing countries, said experts to RT. ...
Barclays to Pay $400 Million Penalty to Settle CFTC Charges
May 21st, 2015
CFTC Also Took Action Today Against Barclays and its Affiliates for Attempted Manipulation and False Reporting of the ISDAFIX Benchmark, an Interest Rate Benchmark — the First Enforcement Action Addressing Abuse of ISDAFIX Barclays Has Now Been Subject to ...
Russian regulator acting ‘adequately’ as economy stabilizes – IMF
May 20th, 2015
The Central Bank of Russia is taking effective steps to stabilize the national currency and the economic situation as a whole, according to the Deputy Managing Director of the International Monetary Fund (IMF) Min Zhu. “I think the Russian ...
Hotspot cuts trading fees with “Hot List” pricing for more than 30 currency pairs
May 14th, 2015
Hotspot, a leading institutional foreign exchange (FX) market owned and operated by BATS Global Markets (BATS), today announced plans to eliminate liquidity removal fees for customers in more than 30 select currency pairs, beginning 1st June 2015. The “Hot ...
Putin’s Next Takeover Target Is Oil Giant’s $34 Billion Cash Pile
May 12th, 2015
In Russia, even private companies serve at the pleasure of the president, particularly if they pump oil. A decade ago, Vladimir Putin’s allies had Mikhail Khodorkovsky jailed and seized his Yukos Oil Co. Last year, they forced billionaire Vladimir ...
On Bank of Russia key rate ( from 14.00 to 12.50%)
April 30th, 2015
On 30 April 2015, the Bank of Russia Board of Directors decided to reduce the key rate from 14.00 to 12.50 percent per annum, taking account of lower inflation risks and persistent risks of considerable economy cooling. Amid ruble appreciation and significant contraction in consumer demand in February-April 2015, monthly ...
Bank of Russia Opposes Forex Restrictions
April 28th, 2015
The Bank of Russia said late Monday that it opposes any restrictions on using foreign currencies in Russia, addressing earlier calls from the country’s security council. The inter-agencies commission of the Security Council of Russia had told the central ...
Putin Says Russian Economy Could Return to Growth in 2 Years
April 16th, 2015
President Vladimir Putin said Thursday that Russia’s economy could return to growth in less than two years, even though he considers it unlikely that the West will lift economic sanctions over the Ukraine crisis soon. In a televised call-in ...
Putin Meets With Alexis Tsipras of Greece, Raising Eyebrows in Europe
April 9th, 2015
With Russia and Greece at odds with Europe, this week’s visit from the Greek prime minister Alexis Tsipras, “could not have come at a better time,” President Vladimir V. Putin said Wednesday. Mr. Tsipras, who is in tough negotiations with other European leaders over international financial ...
Russia’s Gazprom Says Net Profit Plummeted 70% in 2014
March 31st, 2015
Gazprom‘s net profit, calculated under Russian Accounting Standards (RAS), fell 70 percent last year to 189 billion rubles ($3.3 billion), Russia’s top natural gas producer has said. Gazprom’s net profit under RAS is attributed to the parent company only and not its ...
