Russia
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.
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 raises rates to help the rouble
Russia's central bank has hiked its key interest rate by 100 basis points to 12% in an attempt to reduce an outflow of money and curb the decline in the value of the rouble.
Russia's Ignatiev signals loosening of rouble peg
The head of Russia's central bank on Monday indicated Moscow could loosen its grip on its exchange rate regime.
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.
Russian economy may remain lethargic: BoF
If the credit turmoil persists, the Russian financial market is likely to remain lethargic, says a new article by the Bank of Finland.
Russia announces emergency plan
The Russian authorities are preparing to spend $19.59 billion (€13.6 billion) in an effort to stabilise its financial markets as trading on its two main stock exchanges remain closed.
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 seeks greater gains for SWF
Senior Russian politicians have backed plans to create a government agency to enable its sovereign wealth fund to pursue a riskier investment strategy, according to media reports.
Russia raises rates unexpectedly
The Central Bank of Russia lifted its key refinancing rate by a quarter point to 10.75% for the third time this year on Monday.
Traded range of Russian ruble to be widened
Sergei Ignatyev, the chairman of the Russian central bank, says the central bank will slowly widen the traded range of the ruble as the central bank moves to adopt inflation targeting.
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.
Russian central bank hints at broad tightening
Alexei Ulyukayev, the first deputy chairman of Russia's central bank, suggested on 22 April that monetary conditions may be tightened in the near future using a range of policy tools.
Russian state banks perform better than rivals
Domestic private banks are less efficient than their public-sector counterparts, research published by the Bank of Finland finds.
Russia raises rates, ups reserve ratio
The Central Bank of Russia has hiked rates and its reserve ratio requirements in a bid to curb inflation.
Deputy confident Russia will withstand turmoil
The Russian finance industry will escape largely unscathed from the credit crunch, though lending conditions may get tighter, said Gennady Melikyan, a first deputy chairman at the Central Bank of Russia.
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.
Central Bank of Russia - Annual Report 2006
2006 was a successful year for the Russian economy.
Russia plays safe with fund investment
Russia's Oil Stabilisation Fund will stick to investing in highly-rated bonds until the fund's restructuring is complete early next year, officials said on Thursday.