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Russia's foreign exchange reserves hit 2-year high amid economic growth
26 May 2024 09:57 GMT
(MENAFN) Russia's gold and foreign currency reserves have surged by 0.9 percent, reaching USD603.7 billion, marking their highest level in two years, according to data from the Central Bank of Russia. The increase occurred during the period from May 10 …
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Russian central bank hopes strictness of capital controls is eased
26 Apr 2024 14:12 GMT
Capital controls are not important for the rouble market and should the measures be extended, we would hope to see their strictness eased, Russia's Central Bank Governor Elvira Nabiullina said on Friday.
The central bank has long voiced doubts over the …
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Russian Central Bank begins publishing daily stats on trading volumes in dollars, euros, yuan on OTC market
17 Apr 2024 21:00 GMT
… . April 17 (Interfax) - The Central Bank of Russia is expanding the publication of … the over-the-counter (OTC) forex market, and the CBR is … Turnover on Russia's Forex Market subsection, and the regulator …
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Rescinding mandatory forex sale by exporters would not significantly affect exchange rate - Russian Central Bank
28 Feb 2024 14:04 GMT
… on the mandatory sale of forex earnings on the part of … in the discussion of the Central Bank of Russia (CBR) on the key rate … than 90% of the credited forex earnings, but no less than … prices are still affecting the forex earnings of Russian companies with …
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Russian Central Bank Identifies Crypto Link In “Almost All” Financial Scams Detected In 2023
13 Feb 2024 08:26 GMT
… financial activities.
According to the Central Bank of Russia, fraudsters often create duplicate resources … the regulator identified 820 illegal forex dealers and 42 illegal brokers … illusion of bidding on foreign forex sites. Fabricated ratings, where …
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Russia dumping the dollar for the yuan is an imperfect sanctions fix
03 Jun 2024 13:47 GMT
… Prokopenko.
Alternative payments systems
The Central Bank of Russia (CBR) has been preparing for … making the yuan a leading foreign exchange currency for the settlement of …
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Russian Central Bank to resume regular currency transactions according to budget rule starting in January
27 Nov 2023 12:37 GMT
27 Nov 2023 15:28
MOSCOW. Nov 27 (Interfax) - Starting in January 2024, the Bank of Russia will resume operations on the domestic foreign exchange market for the replenishment and use of funds from the National Wealth Fund (NWF), including taking all the …
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CBR extends restrictions on forex transfers another six months until Sept 30, 2024
29 Mar 2024 09:14 GMT
29 Mar 2024 11:46
MOSCOW. March 29 (Interfax) - The Central Bank of Russia (CBR) has extended the restrictions on currency transfers abroad for six months, and they will be valid from April 1 to September 30, 2024, inclusive, the CBR said.
Citizens of …
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Exporters increasing forex sales main factor behind ruble strengthening in Oct - Russian Central Bank
10 Nov 2023 09:37 GMT
… tax obligations absent the Central Bank of Russia (CBR) purchasing foreign … have also affected the forex volumes.
Increased oil prices, … of foreign exchange earnings, and the volume of net forex sales … encourages exporters to intensify forex sales, as well as …
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Biggest Russian exporters reduced FX sales to $10.4 bln in Feb from $12.9 bln in Jan
11 Mar 2024 16:40 GMT
… billion in January, the Central Bank of Russia said in a Financial Market … spot exchange market, increasing FX sales on the Moscow … billion rubles in January.
FX sales by non-financial … systemically important banks, however FX purchases by these participants …