Search Results for: Russian

Russia is creating a $100 billion rival to the IMF

May 4th, 2015 (0)
Russian President Vladimir Putin ratified an accord Saturday to set up a $100-billion reserve fund for the so-called BRICS — the five leading emerging economies that include Russia, China, Brazil, India and South Africa. Moscow is expected to contribute ...

On Bank of Russia key rate ( from 14.00 to 12.50%)

April 30th, 2015 (0)
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 ...

Greek PM A. Tsipras met with voters in jumbo interview (Video)

April 28th, 2015 (0)
Greek Prime Minister A. Tsipras’ interview ran from 11.30 p.m. through to 2.36 a.m. and involved him directly answering voters’ questions Greek Prime Minister Alexis Tsipras appeared confident that an “interim agreement” would be agreed upon with Greece’s partners ...

Bank of Russia Opposes Forex Restrictions

April 28th, 2015 (0)
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 ...

Ruble is enjoying demand thanks to monthly tax payments

April 24th, 2015 (0)
The ruble made new gains on Thursday, supported by impending monthly tax payments that require the conversion of export earnings, and ignoring expectations the central bank will soon cut interest rates. “The Russian currency is enjoying demand thanks to ...

Turkey and Russia may conclude free trade agreement by year end

April 23rd, 2015 (0)
Turkey is interested in using national currencies to pay for export and import operations with Russia Turkey and Russia are not facing any particularly difficulties in the process of preparing a Turkish-Russian free trade agreement, Turkish Minister of Economy ...

Bank of Russia decide to cancel license of market participant

April 10th, 2015 (0)
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 ...

Putin Meets With Alexis Tsipras of Greece, Raising Eyebrows in Europe

April 9th, 2015 (0)
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 ...

Alexis Tsipras flies to Moscow amid speculation of bailout from Putin

April 8th, 2015 (0)
Greek prime minister to sign accords with Russia, including gas price discount and possible loans in return for Greek assets, that would alarm EU creditors The Greek prime minister Alexis Tsipras, began a controversial visit to Moscow on Tuesday as ...

Moscow Exchange published Monthly Review for March 2015

April 7th, 2015 (0)
In March, Moscow Exchange’s Indices reflected the negative trend on the Russian stock market. The MICEX Index was down 7.55% to 1,626.18 (from 1,758.97 on 27 February), while the dollar-denominated RTS Index fell 1.81% to 880.42 (from 896.63). The dollar depreciated 3.70% against the rouble. ...
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