Central Bank of Russia


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Central Bank of Russia

The central bank of Russia. The Russian constitution charges the Central Bank with maintaining the stability of the Russian ruble. It sets interest rates for interbank loans in Russia and also regulates the banking industry. It was established in 1990, but traces its origins to the central bank of the Russian Empire in the mid-1800s.
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After plunging into negative territory, the Central Bank of Russia reported that the deposit growth rate had finally climbed into the black in the first quarter of 2015, creeping up to a sclerotic 1.
On Tuesday (12 Mar), Central Bank of Russia Deputy Chairman Mikhail Sukhov discussed preliminary banking sector statistics for February.
The Central Bank of Russia continued offering dollars in exchange for the continuing flood of rubles in the foreign exchange market (as rubles earned from the sale of ruble-denominated assets were converted into dollars which were then whisked out of Russia).
The central bank of Russia has announced new liquidity standards for commercial banks in the nation.
He praised the Central Bank of Russia and the government for "making
The official exchange rate of US dollar set by the Central Bank of Russia comprised 58 rubles, and euro - 72 rubles.
Our financial authorities are taking necessary measures (to stabilize the ruble exchange rate)," Putin said at the Asia-Pacific Economic Cooperation (APEC) Business summit, noting that "the Central Bank of Russia continues a policy of inflation targeting and will keep doing so.
According to VTB head Andrei Kostin, requirements imposed by the Bank of England contradict normal practices of supervision, which has led VTB to call on the Central Bank of Russia to assist in negotiations with the British regulator.
The Central Bank of Russia published banking sector statistics for December yesterday (22 Jan).
However, the Central Bank of Russia puts the figure at USD 15.
According to the Central Bank of Russia, National Bank TRUST is among the Top 30 largest Russian banks with one of the widest regional networks operating in 167 cities through 200 sales offices.
THE Bank of Cyprus Group has obtained the approvals of the Central Bank of Cyprus and the Central Bank of Russia to acquire 80 per cent of Uniastrum Bank in Russia.
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