Russia

Russian inflation at 5.7% in first half of year

Sergei Ignatyev, the chairman of the Central Bank of Russia, said on 4 July that inflation in the consumer price index (CPI) amounted to 5.7% in the period January-June this year. Ignatyev's comments came during a testimony before parliament.

Russian central bank to keep profits

Amendments to the Russian central bank law have been sent from the State Duma to the government for conciliation. If approved, the amendments will cancel the requirement that the central bank transfers 50% of its annual profits to the federal budget.

World Bank issues Russian inflation warning

The World Bank has warned that a massive influx of capital into Russia in the wake of major bank loans and share offerings by Russian companies could result in a loss of control over inflation.

Russian central bank predicts fall in inflation

The first deputy chairman of the Russian central bank, Alexei Ulyukayev, said on 4 June that the country's inflation is likely to fall to 5.2% for the first six months of this year, one percentage point down on the same period in 2006.

Russia's central bank faces reform calls

According to this article published by The Times on Wednesday 4 April, the Russian finance ministry has met senior figures from the banking sector recently to discuss reforming the Bank of Russia.

Russia reiterates reserve diversification idea

The Russian central bank remains interested in further diversification of the currency structure of its gold and forex exchange reserves, its first deputy chairman said in a newspaper interview published on Tuesday 21 February.

Russian central bank reserves drop

The Russian central bank said Thursday 18 January its gold and foreign currency reserves have dropped by 2.2 bln usd in one week, with levels standing at 301.7 bln usd on Jan 12.

Kozlov's murder - the real story

Financing hundreds of thousands of illegal under-the-table deals requires huge sums of money. Every month, in Russia mountains of "black cash", are exchanged illegally behind the scenes. As long as this parallel system of financial settlement exists,…

Report says Kozlov murder suspects charged soon

Official charges will be brought soon against the suspects recently arrested in relation to the murder of first deputy chairman of the Russian central bank Andrei Kozlov, Interfax quoted Prosecutor General Yury Chaika as saying Tuesday 16 January.

Russian central bank submits board candidates

The Bank of Russia has submitted Alexei Simanovsky and Mikhail Sukhov to the State Duma as candidates for vacant seats on the central bank's board of directors, Vyacheslav Reznik, chairman of the Duma committee for credit organizations and financial…

Central Bank of Russia - Annual Report 2005

According to the Central Bank of Russia's Annual Report 2005, the macroeconomic situation in 2005 was characterised by rapid economic growth, which exceeded the official forecast for the year.

Russia and Belarus governors to meet

Petr Prokopovich and Sergei Ignatyev, governors of the central banks of Belarus and Russia, respectively, will attend the 25th meeting of the Interbank Currency Council on Friday.

Russia worries about capital inflows

Russia's central bank on 29 November raised its forecast for capital inflows this year and has hinted at tighter banking reserve requirements to slow the inflow of cash.

Russia's Melikyan vows to close banks

The Russian central bank will press on with its cleanup of the banking system despite the murder of reformist banking supervisor Andrei Kozlov, the man who took over his role said in an interview Friday 10 November.

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.