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breakingnews
31.12.2009, 11:14
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Russian aluminium producer, Rusal, is planning to raise as much as $2.6 billion in its Hong Kong listing according to its prospectus.
30.12.2009, 14:05
2009 has been a tough year for Russian retailers with the economic downturn trimming demand. RT spoke with Dale Clark PricewaterhouseCoopers Retail & Consumer Practice Leader, about the year.
29.12.2009, 20:33
The regeneration of Russia's Far East has been at the forefront of Vladimir Putin's visit to the region. On Tuesday he attended the opening of a new carplant by Russian company Sollers.
01.06.2009, 10:53
1 comment
The Central Bank is warning thatn Russian banks are offering high rates and taking on too much risk. Rouble appreciation and record interest rates have boosted deposits by 38%, but the risk of Rouble devaluation remains.
25.06.2009, 10:12
The Central Bank could lower its re-finance rate once again in July, says its re-elected head Sergey Ignatiev. The rouble could weaken further, but there are no evident reasons for that.
21.09.2009, 17:11
Sibirtelecom, telecom provider in Russia’s Siberia, has posted a 1H 2009 Net Profit of 851 million Roubles.
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.
28.04.2010, 17:14
3 comments
With concern mounting the Greek debt crisis will become a contagion, RT Business spoke with Ben Aris, editor in chief of Business News Europe.
12.11.2009, 14:36
8 comments
On Thursday, Russian President Dmitry Medvedev delivered his second address to the nation’s parliament, The Federal Assembly. He touched on urgent problems society currently faces, and spoke of pragmatic solutions.
Published: 06 January, 2010, 11:49
Edited: 10 January, 2010, 04:54
The Russian currency has risen in 2009 in line with higher oil prices making the country’s exports less competitive. But Merrill Lynch says the Rouble is still undervalued and may appreciate by 20% in 2010.
An strengthened Rouble can lead to lower inflation and lower interest rates. And, after all, the Rouble was undervalued at the beginning of the recession so if it robounds much better.