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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The Russian central bank has revoked the banking license of Kredit Express based in the city of Rostov-on-Don.
The Bank of Russia took such an extreme measure because of the credit institution's failure to comply with federal banking laws and Bank of Russia regulations," the Russian Central Bank said in a statement on its website on Tuesday.
ru/articles/50680) Vesti Finance said the Russian Central Bank decreased the country's international reserves to billion from billion, or billion, during Nov.
On Friday, the Russian central bank is expected to increase its interest rates.
dollar fell below 119 yen early Tuesday in Tokyo, further declining after the Japanese yen took center stage overnight on reports the Russian central bank will add the yen to its foreign reserve portfolio.
The chairman of the Russian central bank, Sergei Dubinin, told reporters following the talks that downward pressure on the ruble had eased in recent days, allowing the central bank to rebuild its reserves by buying dollars.
The Russian central bank has opined that the state should not increase its stake in the banking sector.
The Russian central bank has announced its plans to increase the minimum shareholder equity for new banks.
The governor of the Russian central bank has said that the apex bank is to continue the clean-up of the banking system.
The deputy chairman of the Russian central bank has said that the bank would not purchase debt to boost the market.
The Russian central bank said that hackers have stolen USD6m from a Russian bank via SWIFT systems.
The Russian central bank has said that low inflation would be beneficial to the nation.
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