Search Results for: Russia
Russian Central Bank Says Ruble’s Recovery Over For Now
April 22nd, 2015
The ruble’s recent firming trend has ended for now, the Russian Central Bank’s first deputy governor, Ksenia Yudayeva, said Wednesday. “The strengthening of the ruble has finished. Now we observe stabilization,” she said, adding that she was referring to ...
Bank of Russia announcement On minimum interest rates at auctions to provide foreign currency
April 20th, 2015
Considering the developments in the domestic FX market the Bank of Russia decided to set the following interest rates from 21 April 2015: Minimum interest rates at FX repo auctions equal to LIBOR rates in corresponding currencies and for ...
Russian companies are back to international debt markets
April 20th, 2015
The international capital markets turned out to be almost closed for Russian companies as a result of anti-Russia sanctions Russian companies are gradually coming back to international debt markets, according to Deputy Finance Minister Maksim Oreshkin. “Russian companies are ...
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 ...
EU’s Energy Chief on the Hunt for Non-Russian Gas
April 15th, 2015
EU officials are holding talks with a range of non-Russian suppliers and one day could buy gas from Iran, Europe’s climate and energy chief has said, setting aside a Gazprom warning that Europe should not block its gas strategy. Russia’s Gazprom on Monday said blocking its ...
Bank of Russia decide to cancel license of market participant
April 10th, 2015
Bank of Russia has issued a press release informing that: On 9 April 2015, the Bank of Russia took a decision to cancel the licences of professional securities market participant to perform dealer activity and carry out securities management issued to the closed joint-stock company Blackfield Capital Investment ...
Saudi Arabia’s move for larger global oil market share to adversely affect Russian economy
April 9th, 2015
The feedstock production growth in Saudi Arabia will adversely affect the Russian economy, Kuwait-based oil expert Kamel al-Harami says Saudi Arabia is seeking after the larger OPEC’s share on the global oil market by boosting the oil output and ...
Russian Central Bank plans to move away from international ratings to Russian ones
April 8th, 2015
The Central Bank of Russia is going to gradually move away from international ratings to Russian ones, Chairperson Elvira Nabiullina at the Russian Bank Association conference. “We are thinking about gradually moving away from international ratings and developing our ...
Russian tax law change offers opportunities
April 7th, 2015
Significant changes to Russia’s tax code could lead to an increased use of corporate and trust entities based in the Channel Islands in the structuring of Russian corporate and private wealth arrangements. The changes, dubbed the ‘de-offshorisation law’, are ...
Bank of Russia: Information notice on refusal to issue licences of professional participants of securities market
April 6th, 2015
On 3 April 2015, the Bank of Russia took a decision to refuse to issue licences of a professional participant of the securities market to carry out broker, dealer and depositary activities and securities management to Brokerskiy Dom Faktoriya, limited liability company, the city of Kostroma (TIN 4401144977). Source: Bank of Russia/Press ...
