Central Bank brings refinancing rate to 9.5%
Published: 30 October, 2009, 00:01
Edited: 03 November, 2009, 07:11
For the first time ever, Russia's Central Bank is lowering its key interest rate below the 10 percent mark.
breakingnews
29.10.2009, 16:11
4 comments
Plans to construct toll roads, improving driving conditions and bolstering the economy, have gained recent attention with supportive comments from Prime Minister Vladimir Putin providing extra traction.
28.10.2009, 18:51
1 comment
Avtovaz employees threatened with layoffs by the restructuring and fight for survival of Russia’s largest domestic carmaker, will be protected from redundancy until alternative positions can be found.
Interest rates being paid on deposits are coming under scrutiny, as the falling Central Bank of Russia refinancing rate and lending rates ease, with inflation grinding to a virtual halt.
12.03.2010, 14:39
5 comments
Russia's budget deficit in January and February reached $6.6 billion, according to the Finance Ministry. The government hopes to limit the annual deficit to about 7% in 2010 and fill the gap between income and spending.
20.02.2009, 17:58
4 comments
The stimulus package developed by the Russian government looks good on paper, but implemention is too slow, according to the Russian President, addressing the State Council assembly which took place in Eastern Siberia.
05.02.2010, 12:15
3 comments
The United States’ top credit rating is at risk, with its triple 'A' status warned it may be downgraded if the economy grows at a slower pace than expected, says ratings agency Moody's.
14.10.2009, 23:19
2 comments
Time to buy property? Russians are returning to the property market as buyers with the market seemingly reaching the bottom, and prices are going up.
25.11.2009, 22:43
1 comment
A Moscow conference heard Finance Minister Aleksey Kudrin warn the share market was overheated with speculative capital, while the prospect of a withdrawal of banking sector liquidity support also caught attention.
09.07.2010, 20:54
1 comment
Moscow’s property development scene is rebounding after a horror 18 months which saw projects from a range of developer grind to a halt, with Banks financing their own developments.
10.06.2009, 09:42
1 comment
Europe’s biggest bank, HSBC, has started retail lending in Russia. Analysts say, HSBC is one of the few foreign lenders taking the chance to enter the local market.
Published: 30 October, 2009, 00:01
Edited: 03 November, 2009, 07:11
For the first time ever, Russia's Central Bank is lowering its key interest rate below the 10 percent mark.
Here in the US the Worlds Largest lender CITIGROUP has just gone under in a stunning announcement of bankruptcy! There has been a massive media coverup but I am sure RT will pick this up once they have verified it. Exciting news for those looking for positive change in the US