HomeTagsCentral bank of russia

Tag: central bank of russia

Russia: Central bank eases currency restrictions

Russia's central bank said today that a small easing of currency restrictions on banks, which took effect this week, will boost the supply of cash in dollars and euros in the local market. Under current rules, banks...

Russia will not supply oil to countries that put a ceiling on its price

Russia will not supply oil to countries that decide to put a ceiling on the price of oil, the governor of the Central Bank of Russia, Elvira Nabiulina, said today during a briefing. Nabiullina added that the...

Ruble falls after key interest rate cut in Russia

The Russian ruble fell above 58 to the dollar today, hitting its weakest point of the day, just after the central bank cut interest rates for the fourth time this year by 150 basis points to...

The Central Bank of Russia reduced its key interest rate to 8%

Russia's central bank cut its key interest rate by a more-than-expected 1.5 points to 8.0 percent on Friday and said it would study the need for further cuts as inflation slows and the economy needs cheaper...

Russia: 70 financial institutions from 12 countries have joined our alternative SWIFT system

About 70 financial institutions from 12 countries have already joined the alternative Russian system of SWIFT, said the governor of the Central Bank of Russia, Elvira Nabiulina. The big Russian banks have been cut off from SWIFT,...

Nabiulina: Russia must reconsider export framework and lift most capital controls

Russia needs to rethink the context of its export-dependent economy to ensure that industry works for the domestic market but most capital controls should be lifted, central bank chief Elvira Nabiulina said today. Nabiulina, speaking at the...