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.
In a statement reported by Reuters, the ratings agency said, 'Fitch understands that both banks have agreed capital rectification plans with the Central Bank of Russia, with certain milestones to be achieved within the next several months, while their inability to meet these targets may result in regulatory intervention.
The Council has also approved the nomination of Denis Bortnikov for Deputy President and Chairman of the VTB Bank Management Board, pending approval by the Central Bank of Russia.
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.
The central bank of Russia has announced a bailout of the troubled Trust Bank, the first such rescue during the country's currency crisis, Sky News reported on Monday.
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.
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.
Central Bank of Russia Maintains Inflation Targeting Principle
29 December 2011 - The Central Bank of Russia (CBR) has given the green light to state-run lender Sberbank (MCX:SBER03) to take over investment firm Troika DIalog, a spokesperson for the buyer told Prime on Thursday.
The central bank of Russia has announced that it is planning to purchase gold every year.
The Central Bank of Russia, its reserves already severely depleted, gave up trying to defend the currency and announced Thursday that the currency exchange would remain shut ``for some time,'' meaning that it is virtually impossible to buy dollars here.
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