Russia
Russian c bank raises gold purchase price by 5%
RUSSIA - The Central Bank of Russia has established a new procedure for calculating buy and sell quotes for refined gold, silver and platinum in bars for operations with credit institutions.
Duma to consider bill on central bank of Russia
RUSSIA - The Russian Duma will consider on 15 March the bill 'About the Central Bank of Russia (Bank of Russia)' in the second hearing.
Duma to consider bill on central bank of Russia
RUSSIA - The bill "About the Central Bank of Russian Federation (Bank of Russia)" will be considered by the State Duma in the second hearing on 15 March.
Interview with Russia's central bank chief
INTERVIEW - Interview with Russia's central bank chairman Viktor Gerashchenko at the State Duma Committee for credit organisations and financial markets. Chairman Alexander Shokhin and regional banks association president Alexander Murychev.
Russia finishes real-time payment system
RUSSIA - According to Tatyana Paramonova, first deputy chairwoman of the Central Bank of Russia, the real-time payment system is 80% complete in Russia.
Russian gov't to suggest amendments to c bank bill
RUSSIA - The Russian government intends to suggest its amendments to the Bill on the Central Bank of Russia before the second reading, Deputy Prime Minister, Finance Minister Alexei Kudrin told reporters.
Russian Duma turns down precious metals coins bill
RUSSIA - Russia's State Duma, the lower chamber, turned down Friday a bill allowing circulation of coins made of precious metals as the legal tender along with the banknotes and coins issued by the Central Bank of Russia, or CBR.
Duma approves recommendations for auditing c bank
RUSSIA - The State Duma of the Russian Federation approved recommendations for auditing Central Bank's activities in 2001.
Russian Ctrl Bk reserves $36.2B 25 January
RUSSIA - The Russian central bank said Thursday that its level of foreign-exchange and gold reserves dropped $300 million to $36.2 billion, in the week to 25 January.
Russian gov't submits changes to central bank law
RUSSIA - The Russian government has submitted to the State Duma revisions for the second reading of amendments to the law on the Central Bank, State Duma banking committee head Alexander Shokhin said on Thursday.
CBR hopes to prevent central bank law amendments
RUSSIA - The Central Bank of Russia will make every effort to prevent amendments to the law on the Central Bank, approved by State Duma profile committees, from being passed by the Duma in a second reading.
Gerashchenko may stay in office for another term
RUSSIA - Viktor Gerashchenko is ready to head the Central Bank of Russia for another term in office. He announced this position talking with reporters.
Central bank chief warns on Russian reforms
RUSSIA - Russia's central bank president has cautioned against accelerating liberal economic reforms, saying it could undermine efforts to repay debt.
Russia cancels export duty on gold
RUSSIA - The Russian government issued a resolution on 14 January abolishing a 5% export duty on gold, said a government source.
Reserves up by $200m
RUSSIA - Russia's gold and foreign exchange reserves rose by $200 million to $36.7b in the week to 4 January 2002, up from $36.5b on 28 December 2001.
Russian c bank auditors' contest reaches final
RUSSIA - The Russian State Duma's budgetary committee recommended on 18 December to name PRICEWATERHOUSECOOPERS auditor of the Central Bank of Russia.
Russian state Duma does not trust foreign audit
RUSSIA - On 11 December, the State Duma's commission on auditing of the Central Bank of Russia suggested giving preference to only one company, the Russian YUNIKON firm, as auditor of the Central Bank's performance for 2001.
IMF Working Paper Consequences of Russia's Crisis
RESEARCH - The Russian Financial Crisis and its Consequences for Central Asia by Gonzalo Pastor and Tatiana Damjanovic, International Monetary Fund, October 2001.
Russia's Gerashchenko denies resignation rumours
RUSSIA - Chairman of the Central Bank of Russia (CBR) Viktor Gerashchenko said Thursday that he had no plans to resign from 1 January.
Russia approves c bank version of banking reform
RUSSIA - The Central Bank, the Finance Ministry and the Economic Development Ministry have submitted to the government an agreed-upon document on the development strategy for the banking sector.
Russia's c bank assets reach 1.68 trillion rubles
RUSSIA - The Central Bank of Russia had assets of 1.688 trillion rubles as of 1 October, compared with 1.682 trillion rubles a month earlier.
Russia's c bank allegedly a corruption hotbed
RUSSIA - An independent study released Tuesday warns of alleged deep-reaching roots feeding corruption at the Central Bank.
Russia's central bank head office may be moved
RUSSIA - Members of a working group drafting amendments to a new law on the Central Bank are proposing moving the bank's head office from Moscow to St. Petersburg.
Real-time payment system operational in Russia
RUSSIA - Natalia Kochetkova, director of the payment systems and clearance department of the Central Bank announced that the bank had put into operation a system for the processing of payments in real time in Moscow and the Moscow Region.