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breakingnews
30.11.2009, 17:06
Russian Mobile operator, Megafon, has posted a 3Q 2009 Net Income of 11.3 billion Roubles under U.S. GAAP.
30.11.2009, 11:38
Russia’s largest sea port operator, Novorossiysk Commercial Sea Port (NCSP), has posted a 9M 2009 Net Profit of $208 million under IFRS.
30.11.2009, 11:17
Russian retailer, X5 Group, has posted a 3Q 2009 Net profit of $73 million under IFRS.
15.06.2009, 20:17
2 comments
The group of developing nations known as the BRICs is continuing to build up their reserves with the International Monetary Fund - while denying they want a new currency to rival the dollar.
06.10.2009, 16:55
2 comments
The media jumped on the dollar-is-dead story, after Britain’s Independent newspaper reported plans by oil producers to stop selling in dollars within nine years.
16.06.2009, 17:13
With BRIC nations discussing the role of reserve currencies RT spoke with Elina Rybakova, Chief Economist at CitiBank, Russia, about the possible role of regional currencies as alternatives to the dollar.
19.03.2010, 18:36
Russia will have to continue easing interest rates to keep the rouble under control and further stimulate lending, according to Finance Minister, Alexei Kudrin.
30.06.2010, 10:49
The future of the Euro is increasingly being questioned with budget woes in the EU undermining the currency. But Russia says it will continue to be a key part of its currency reserves.
30.06.2010, 20:30
With markets under renewed pressure, RT Business spoke with Neil MacKinnon, Head of global strategy at VTB Capital about the outlook and implications for Russia.
27.07.2009, 10:12
5 comments
In 2008 Russia’s rich almost doubled their transfers abroad compared to the previous year with overall investment into foreign economies totaling $25.6 billion.
Published: 30 November, 2009, 20:31
Edited: 02 December, 2009, 19:59
Plans by the Central Bank of Russia to add Canadian dollars to Russia’s fiscal reserves have analysts saying the loonie isn’t likely to be become a big player, but that it could help hedge against a sagging U.S. dollar.
Russia’s plan to invest in the Canadian dollar is for me a dream come true! Russia and Canada have lot in common. Canada has vast natural resources, good economic, technological and educational infrastructure. It also has stable and well run banking system. This is win win for Russia and Canada! The next move is to link Canadian businesses, including tourism between Russi Pacific/Canada. I can see how Vancouver can become a new gateway to Pacific Russia and China! Anybody who has traveled Canada and Russia can appreciate that these two countries can become important economic and cultural partners!