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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.

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.

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.

Russia not to vary currency policy after G7 meet

Russian Central Bank First Deputy Chairman Oleg Vyugin said on Monday 9 February that the bank saw no reason to change its currency policy following last weekend's Florida meeting of the Group of Seven finance ministers and central bank governors.

Gerashchenko's appeal fails

Russia's Supreme Court rejected an appeal from former central bank chairman Viktor Gerashchenko on Friday 6 February over refusal by the Central Electoral Commission to register him a candidate in the upcoming presidential election.

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