Bank of Russia
Mir card system to operate across Cuba
Russian payments network continues gradual progress in Latin America
Russia raises rates, Ukraine lowers them
High domestic demand pushes up prices in both countries
Bank of Russia raises rates as Nabiullina warns over currency
Weaker ruble, higher demand and rising expectations are all driving inflation, governor says
Myanmar official says Mir payments will launch in October
Central bank leader had predicted the Russian card would start circulating last year
Banknotes: July to September 2023
A round-up of news and salient issues that have affected central bankers in the past three months
Russia starts digital ruble trials
Sanctioned banks are participating in CBDC pilot
Bank of Russia raises rates in emergency meeting
Board says domestic demand is boosting depreciation’s effects as Putin adviser criticises governor
Nicaragua considers joining Mir network
Finance minister says Russian cards will overcome “aggression” of sanctions
The financial sanctions maze
Anyone affected by Russia-related sanctions knows patience and caution are strongly advised, writes Richard Heckinger
Russia’s Mir cards now working in Venezuela
Russian payment cards advance in Latin America, but get sanctioned by Canada
Russian legislators approve Islamic banking pilot
Two-year programme may attract foreign capital or appease restive minorities
Russian central bank raises rates and warns of more to come
Nabiullina says inflationary pressures are rising and warns of effects of bigger fiscal deficit
Ukrainian hackers claim attack on Russian banks
Cyber attack targets Bank of Russia’s interbank system, disrupting payments
Trends in reserve management 2023: survey results
Insights on inflation, asset diversification, geopolitical risk, risk management frameworks and ESG adoption
Russian governor Nabiullina warns of future hikes
Bank will raise rates if structural deficit rises, while labour market is “complicated”, governor says
Venezuela may join Russian card network
Mir system suffered major setbacks last year after US warning
EU concludes authorities cannot seize Russian assets
Brussels says Europe may be able to invest assets and use extra profits to aid Ukraine
UAE revokes licence for Russia’s MTS Bank
Gulf state was put on the FATF grey list last year
Russian payment system to start operation in Cuba soon
Ambassador says Mir will help Cuba counter effects of embargo
US and UK sanction Russian bank licensed in UAE
Central bank “studying options” as Ukraine allies target sanctions evasion
Russia to launch CBDC pilot in April
Central bank exploring cross-border functionality to evade sanctions
EU countries must report Bank of Russia assets, Commission says
Move opens way for seizing Russian assets, but Swiss government says confiscation would be illegal
Russian governor says rates may have to rise
Nabiullina says economy may grow amid wartime investment, but inflationary pressures are high
Iran and Russia to link banking systems to bypass sanctions
Move follows Iran’s signing of free trade “memorandum” with Russia-led EAEU