breakingnews
22.01.2009, 14:46
Russia’s international reserves fell by $30.3 Billion in the week from January 12 to 16, as the Central Bank continued to intervene in support of the Russian Rouble.
22.01.2009, 11:39
Russia’s second largest bank, VTB has posted a 3Q 2008 Net Loss of $363 million under IFRS.
22.01.2009, 10:54
The Russian Rouble has strengthened over the past two days. The government expects greater stability for the local currency over coming months, but experts doubt the controlled devaluation is over.
Published: 22 January, 2009, 21:47
VTB's worse-than-expected 3Q 2008 results saw its share price take a 12% hammering on Thursday. But analysts suggest the results at VTB may be just a sign of things to come for the rest of the banking system.
