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.
References in periodicals archive ?
Enabling orderly bankruptcies is another means of further consolidating the sector, and the Central Bank of Russia has not shied from letting smaller banks collapse even in the current environment.
On Tuesday (12 Mar), Central Bank of Russia Deputy Chairman Mikhail Sukhov discussed preliminary banking sector statistics for February.
The lendera[euro](tm)s CEO German Gref told Reuters in a telephone interview that this was the best day of the past 15 months to decide to go to the market.Country: RussiaSector: Banking/Financial ServicesTarget: Sberbank Rossii OJSCBuyer: InvestorsVendor: Central Bank of Russia (CBR)Type: PrivatisationStatus: AuctionComment: CBR could get at least USD5bn from the sale.
Deputy Chairman of the Central Bank of Russia Ruslan Vesterovsky and Director of the University of the Bank of Russia Andrey Afonin visit the Central Bank of Uzbekistan.
Individuals transferred $1.9 billion from Russia to Tajikistan in 9 months, the Central Bank of Russia reports.
The central bank of Russia has cut its interest rate in a surprise move.
TEHRAN (FNA)- The officials of the Central Bank of Russia announced preparedness of major banks in their country to establish broker relations with their Iranian counterparts.
Moscow: Governor of the Central Bank of Russia Elvira Nabiullina spoke at the annual conference of Sberbank Group, which is taking place at the World Trade Centre in Moscow.
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." Putin added that basic indicators on gold/forex reserves and balance of payments remained at good level.
The Central Bank of Russia has announced that the official currency of the country is Ruble and Bitcoin is a money substitute, which is why it has been banned.
TAE[currency]KENT (CyHAN)- According to the Central Bank of Russia, the total volume of money transfers between Uzbekistan and Russia among individuals increased by 27.8 per cent in the first quarter of 2012 compared to the same period last year and hit $1.158 billion.
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