Russia
Russia won't increase euro reserves
The Central Bank of Russia is not planning to increase the euro share in the country's gold and currency reserves and bi-currency basket, the first deputy bank chairman said Tuesday 13 September.
Paper on bank supervision Russian style
The Working Paper "Bank supervision Russian style: Rules vs enforcement and tacit objectives" from Ghent University published May 2005 focuses on the conflict between two central bank objectives, namely individual bank stability and systemic stability.
Russia ranked world's fifth in reserves
Russia ranks the world's fifth in terms of its international reserve assets (for gold and foreign exchange reserves), Prime Tass economic news agency reported on Friday 1 July.
Russia likely to float rouble within three years
The Russian central bank and the finance ministry have signalled that the government will allow the rouble to float freely within the next three years, the Interfax news agency reported.
Russia to prevent sharp ruble growth this year
Russia's central bank head Sergei Ignatyev has said the bank will try to prevent sharp ruble growth this year.
Russia 'won't react to rumours' over euro
A senior Russian central bank official said on Monday 6 June that reports Italy and Germany could drop the euro were "just rumours," and said Russia has no intention of changing its reserves structure.
FATF head to be at anti-money laundering seminar
Head of the Financial Action Task Force (FATF) Jean-Louis Fort will take part in a seminar on combating money laundering and terrorist financing conducted by the Russian central bank in June.
Russian central bank to increase euro weighting
The Central Bank of Russia plans to increase the euro's weighting in its bi-currency basket to 0.3 soon, CB First Deputy Chairman Alexei Ulyukayev told a press conference on Tuesday 26 April.
Russia and SARB hold first consultations
The Central Bank of Russia and the Reserve Bank of South Africa have held consultations in Pretoria, the first in the history of bilateral relations, the Russian central bank's foreign and public relations department stated.
Russian lawmakers call for central bank probe
Russian lawmakers called on prosecutors Wednesday 6 April to investigate the theft of confidential information from the central bank's computer system.
Kudrin says Russia should keep $100bn reserves
Russia should maintain at least U.S. $100 billion in foreign exchange and gold reserves, Finance Minister Alexei Kudrin told the State Duma, the lower house of the Russian parliament, Monday 4 April.
Hackers steal Russian central bank transactions
Russian hackers have stolen the database of central bank transactions from April 2003 to September 2004, the Vedomosti newspaper reported on Wednesday 30 March .
Russia increases euro weighting
The Russian central bank said on Monday 21 March that it had doubled the weighting of euros used to calculate the nominal exchange rate of the ruble from 10 per cent to 20 per cent at the expense of the dollar.
Russia reports record gold reserves
The Central Bank of Russia has announced that gold or hard currency reserves soared 7.7 per cent to a record $134.15 billion in January-February 2005.
Russia's reserves hit record high
Russian central bank reserves in gold and foreign currency holdings soared to a record 134.15 bln usd in January-February 2005, up 7.7 pct, ITAR-TASS news agency quoted the bank as saying.
Russia 'not in a position' to fight strong ruble
The central bank of Russia is "not in a position" to combat the strengthening of the ruble because it may stoke inflation, said Oleg Vyugin, a former first deputy chairman of the Central Bank and now head of the Federal Service for Financial Markets.
Russia's euro reserves increase
The euro now accounts for one third of Russia's foreign currency reserves, a top official from Russia's central bank said on Tuesday 8 February.
Russia's foreign exchange reserves increase
Russia's foreign exchange reserves advanced 6 percent in December to USD124.541bn as of January 1, 2005.
CBR's Ignatyev says gold/ fx reserves may change
Changes in the structure of gold and foreign exchange reserves are possible, Russian central bank Chairman Sergei Ignatyev said in the State Duma.
Russian central bank hints on euro reserves boost
The euro rose to its sixth record this month against the dollar after first deputy chairman of the Russian Central Bank Alexei Ulyukaev said on Tuesday 23 November that the bank might increase the share of the euro in its reserves.
IMF's Rato on Russian inflation threat
IMF Managing Director Rodrigo Rato warned Russian policymakers to focus on controlling inflation rather than stimulating growth, when he arrived on a visit to Moscow on Tuesday 16 November.
IMF's Rato to make first visit to Moscow
IMF director general Rodrigo Rato is set to visit Moscow November 16-18 on his first trip there since taking the helm of the Fund in June, his spokesman said.
Illarionov says Russia diversifying fx reserves
By selling US dollars, securities and assets denominated in the US currency, Russia is diversifying its currency reserves, which is in line with the policy pursued by the Central Bank of Russia, Andrei Illarionov, adviser to the Russian President on…
Putin positive on Russian economic situation
Russian President Vladimir Putin is positive about the economic situation in Russia. Interfax in Moscow quoted Putin as saying the economy was developing "very energetically".