Russia
Russian cb introduces new currency regulations
Several rules concerning currency regulation will enter into force in Russia on 1 August, the department of external and public relations of the central bank reported.
Khodorkovsky wants Gerashchenko off Yukos board
Former Yukos CEO Mikhail Khodorkovsky plans to request the company shareholders consider dismissing former chairman of the central bank of Russia, Viktor Gerashchenko, from his post of chairman of the company's board of directors, Khodorkovsky's lawyer…
Banking crisis declining says Russia's Ignatyev
Russian Central Bank Chairman Sergei Ignatyev said on Thursday 15 July that he believes the banking crisis is declining. "I believe the trust crisis is over. It is very important now to ensure higher activity on the inter-bank loan market," he said.
Reports of Russian bank crisis in progress
Pravda reported Friday a Russian banking crisis in progress, causing a rapid appreciation of the US dollar against the ruble. But a former government official said the situation could hardly be called a crisis.
Russian central bank tries to reassure country
The Central Bank of Russia sought to reassure Russians on Wednesday 7 July that their financial sector was sound, saying talks had begun to rescue the first major banking casualty from the brink of collapse.
EurAsEC central banks celebrate 10th anniversary
The council of the chiefs of the central banks of EurAsEC countries held their 10th anniversary session in Bishkek last week.
Russian PM proposes central bank restructuring
Russian Prime Minister Mikhail Fradkov has suggested the Russian central bank consider its restructuring at a government meeting on Thursday.
IMF says Russian banking oversight adequate
The International Monetary Fund thinks the Central Bank of Russia's banking sector oversight is adequate, Poul Thomsen, head of the IMF's Moscow office, told a press conference at Interfax.
Gerashchenko chosen as new Yukos chairman
Former chairman of the Central Bank of Russia Viktor Gerashchenko was elected chairman of Yukos, the Russian oil giant, on Thursday 24 June.
Putin asks CBR to restore banking order
Russian President Vladimir Putin called on the Central Bank of Russia (CBR) on Friday "to restore order" in Russia's banking sector.
Moderate oil prices preferable - World Bank chief
World Bank President James Wolfensohn said at the conference 'Corporate Governance and Economic Growth in Russia', which opened in Moscow on Thursday 3 June, that moderate oil prices are better for the world economy in general.
Russian gold, forex reserves climb 3.57% in May
Russia's gold and foreign currency reserves increased by 3.57%, or $2.95 billion, in May, to $85.61 billion from $82.66 billion, the Central Bank of Russia reported.
World Bank wants further Russian economic reforms
World Bank chief James Wolfensohn is urging Russia to continue with economic reforms to promote investment. He also warned that how Russia deals with a tax affair involving the Yukos oil company could have major repercussions.
Russia's Ignatyev upbeat on inflation, currency
Russia has a good chance it can meet its inflation and foreign exchange targets despite rising oil prices and its budget situation, Russian Central Bank Governor Sergei Ignatyev said on Wednesday 26 May.
Russian Duma to consider central bank reshuffle
Russian lawmakers are to consider reshuffling the board of directors of the Russian Central Bank, the State Duma Council has announced.
Russian central bank signs cooperation agreement
The Central Bank of Russia and the Federal Financial Monitoring Service signed an agreement "On Informational Cooperation".
Russian rouble to get facelift
The Russian rouble is getting its first facelift in six years with the addition of four high-tech security features aimed at discouraging counterfeiters, Goznak, which prints the currency, said on Thursday 6 May.
Yukos board approves Gerashchenko's candidature
The board of directors of the YUKOS oil company has approved former president of the central bank of Russia, Viktor Gerashchenko, to stand as a member of the board of the oil company.
Russia appoints new first deputy chairman
Russia's first deputy finance minister, Alexei Ulyukayev, is moving to the central bank to oversee monetary policy as first deputy chairman.
Vyugin criticises Russia's rouble policy
The Russian central bank's "protectionist" rouble policy is causing the stock market to overheat and is threatening to create an asset bubble, Russia's top financial regulator said on Thursday 15 April.
Russia to revise exchange rate mechanism
The Russian Central Bank will revise its mechanism for setting exchange rate targets, Central Bank Deputy Chairman Konstantin Korishchenko declared. According to him, the bank is considering the possibility of changing its exchange rate policy.
Viyuygin to take up post at Russian regulator
Russian Prime Minister Mikhail Fradkov on Wednesday (24 March) appointed Oleg Vyugin, deputy chairman of the Russian central bank, as chairman of the national securities market regulator, the government said.
Putin pledges full convertibility for rouble
President Vladimir Putin refused to predict further changes in the dollar rate, at a meeting with university students on Friday 27 February, but he did promise to make all efforts to strengthen the rouble.
Gerashchenko lashes Russian central bank
Former Russian Central Bank Chairman Viktor Gerashchenko has said he would sack the current management of the bank if he could. Appearing on Russian breakfast TV he said they did many things wrong because they are non-professionals.