Bank of Russia
Putin calls on central bank to lend directly
Vladimir Putin, Russia’s prime minister, has called on the central bank to lend to regional banks
Central Bank of Russia - Annual Report 2007
The Central Bank of Russia notes the work done in 2007 to stabilise the rouble, improve and strengthen the country's banking system, and upgrade and ensure the effectiveness of the payment system in its latest Annual Report.
Russia could float rouble next year
The rouble may switch to a free float before 2011, a senior official at the country's central bank said at the weekend.
Russia cuts for second time in a month
The Central Bank of Russia chopped a half point off its key rate on Wednesday, little more than a fortnight after its last cut.
Rouble at fresh low as devaluation continues apace
The rouble slumped to a record low against the greenback on Thursday as the country's central bank stepped up its devaluation of the currency.
Russia hikes to strengthen rouble
The Central Bank of Russia has raised its key rate by a full percentage point to a three-year high in a bid to shore up the battered rouble.
Russia in currency-swap clampdown
With rouble under increasing strain, the Central Bank of Russia has announced stringent new limits on the maximum amount of currency swaps that may be traded each day.
Russian reserve requirements cut to 0.5%
The Central Bank of Russia on Tuesday slashed its reserve requirements to 0.5%, a move which analysts say could add $2.7 billion-worth of liquidity into the system.
Russia did act on rouble fall: Deputy Ulyukaev
Alexey Ulyukaev, a first deputy chairman at the Central Bank of Russia, confirmed Friday that the central bank had intervened to shore up the rouble.
Russia embraces euro
The euro has gained in importance in Russia as an anchor and reserve currency, according to a new paper from the European Central Bank.
Russia launches fresh bid to tackle inflation
The Central Bank of Russia said on Friday that it would raise its reserve requirement ratios for the fourth time this year to curb annual inflation, which is estimated at about 15%.
Russia cuts back on Fannie and Freddie paper
The Central Bank of Russia has markedly reduced its holdings of Fannie Mae and Freddie Mac paper since the start of the year, a senior official confirmed on Monday.
Russia’s monetary dilemma
Time is running out for Russia to deal with its “problem of success”. There are three possible ways forward, writes Bill Allen
Russia dismisses rouble speculation
The Central Bank of Russia moved to quash rumours of a revaluation of the rouble on Tuesday.
Russia to trade on stock exchanges
The Russian government has passed a law which will permit the Central Bank of Russia to trade securities on the over-the-counter market and on stock exchanges.
Russian central bank supports bond market
Sergey Ignatiev, the governor of the Central Bank of Russia, has said the central bank bought R46 billion-worth ($1.84 billion) of federal government bonds in September to ease tension in the banking sector.
Bank of Russia to widen eligible collateral
The Central Bank of Russia (CBR) intends to expand the list of paper involved in the refinancing mechanism with 'securities of non-rated borrowers', according to the Russian newspaper Kommersant. "This should make life easier for second- and third-tier…
Russian central bank to keep profits
Amendments to the Russian central bank law have been sent from the State Duma to the government for conciliation. If approved, the amendments will cancel the requirement that the central bank transfers 50% of its annual profits to the federal budget.
Russia worries about capital inflows
Russia's central bank on 29 November raised its forecast for capital inflows this year and has hinted at tighter banking reserve requirements to slow the inflow of cash.
Modified notes agreed by Russian central bank
The Board of Directors of the Russian Central Bank has given the OK to the introduction of modified 10, 50, 100, 500 and 1000 ruble notes.
Russian state eyes central bank profits
Russia's 2004 draft budget proposes to let the central bank keep 20 percent of its profits, down from the current level of 50 percent, according to The Moscow Times. However First Deputy Central Bank Chairman Oleg Vyugin said in an interview "We do not…
Russian c bank claims Belarus changed ruble date
Russia's central bank chief Sergei Ignatyev told Interfax that Belarus initiated the decision to change the date on which Russian ruble transactions will be introduced in Belarus.
Putin, central bank chairman discuss economy
Chairman of the central bank of Russia Sergey Ignatyev met with President Vladimir Putin on Monday 30 June to discuss the financial and economic situation in the country, RTR Russia TV reported. Ignatyev said the macroeconomic situation remains stable,…
Russian c bank to amend bank offshore capital law
Russian banks may be given a year to lower the share of their equity capital in offshore companies to 10% under new amendments to the law on banks and banking activities, according to Kommersant. If the amendments are passed, banks will be obliged to…