Russia
IMF resumes financial aid to Ukraine
Fund approves new application for loans after funding was cut off in dispute over its burgeoning fiscal deficit
Russian FX regime change ties rates closer to Europe: Bank of Finland
Bank of Finland study shows Russian interest rates moved more in line with Europe than the United States, following overhaul of exchange rate basket
Rate move highlights gap between Russia and other Brics
Country remains in expansionary mode while fellow emerging markets start tightening due to structural and circumstantial factors
Russian central bank “lacks capacity” to handle assets
Russian sovereign fund management chief says new agency will take debt and asset responsibilities over from central bank, Russian reserve stash severely depleted by financial crisis
More men than women lost jobs in crisis: NY Fed paper
New York Fed paper finds that the unemployment gender gap widened in the recession, partly due to higher numbers of men re-entering labour force rather than waiting out the slump
Russia cuts on carry trade concerns
Bank of Russia chops a further 0.25% off its key refinancing rate and intervenes in currency markets on worries of rouble strength
Back in the USSR?
Bank of Finland research finds that after 20 years of experimenting with private financial intermediation, Russia appears to be backtracking towards a state-run credit system.
IMF on Russia’s links with the rest of the CIS
Growth in other CIS countries closely associated with developments in Russia
Fed data points to rise in GSE holdings
Data show official sector viewing agency debt more favourably; marks about-turn from autumn 2008 sell-off
Bank of Russia – Banking Supervision Report 2008
Central bank governor says Russian banks must urgently make provisions and raise additional capital
India buys 200 tonnes of IMF gold
The Reserve Bank of India purchases just under half of the IMF’s sale quota for $6.7 billion
How competition influences bank failures
Bank of Finland uses evidence from Russia to investigate link between competition and failure
Russia cuts for fifth time in four months
Bank of Russia lowers policy rate by 25 basis points in effort to stimulate bank lending
Banks’ capitalisation matters for monetary policy
Bank of Finland looks at the role of the banking sector in the monetary-policy transmission mechanism in an emerging economy with a rapidly developing financial system
High oil prices lift output of exporting economies
Bank of Finland research finds that for Iran, Kazakhstan, Venezuela, and Russia oil price positively affects output growth
Russia’s regional banks don’t utilise local info
Bank of Finland shows that local banks in Russia do not possess a superior ability to deal with information asymmetries
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.
Kremlin wants revamp of SDR basket
The Kremlin has called for a radical shift in the composition of the basket of assets that comprise the special drawing right (SDR).
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.
Rouble's slide continues
The Russian central bank on Thursday allowed the rouble to depreciate further, as the drain on its foreign reserves continued unabated.