Russia
Russia wants Czech governor Tosovsky to head IMF
Russia has nominated Josef Tosovsky, the former head of the Czech National Bank and the current chair of the Bank for International Settlements' Financial Stability Institute, to take over from Rodrigo Rato at the International Monetary Fund (IMF).
Russian fund rakes in $3.4 billion
The Russian Stabilisation Fund, which manages part of the foreign-currency proceeds from the country's oil exports, earned more than R85 billion ($3.4 billion) in the year to 1 July.
Russian inflation at 5.7% in first half of year
Sergei Ignatyev, the chairman of the Central Bank of Russia, said on 4 July that inflation in the consumer price index (CPI) amounted to 5.7% in the period January-June this year. Ignatyev's comments came during a testimony before parliament.
Russian cb retains hold on banking regulation
The Central Bank of the Russia will hold on to its position as sole regulator of the banking sector, in the teeth of a determined effort by the State Duma to remove its power to revoke banking licences.
Russian central bank cuts discount rate
The central bank of Russia cut its discount rate from 10.5% to 10% on 19 June.
Russian central bank to keep profits
Amendments to the Russian central bank law have been sent from the State Duma to the government for conciliation. If approved, the amendments will cancel the requirement that the central bank transfers 50% of its annual profits to the federal budget.
World Bank issues Russian inflation warning
The World Bank has warned that a massive influx of capital into Russia in the wake of major bank loans and share offerings by Russian companies could result in a loss of control over inflation.
Russian central bank predicts fall in inflation
The first deputy chairman of the Russian central bank, Alexei Ulyukayev, said on 4 June that the country's inflation is likely to fall to 5.2% for the first six months of this year, one percentage point down on the same period in 2006.
Russia's central bank faces reform calls
According to this article published by The Times on Wednesday 4 April, the Russian finance ministry has met senior figures from the banking sector recently to discuss reforming the Bank of Russia.
Russian deputy: CB should keep oversight function
The Russian central bank should not be stripped of its oversight functions, first deputy chairman Gennady Melikian told a press conference on Thursday 15 March.
Russia reiterates reserve diversification idea
The Russian central bank remains interested in further diversification of the currency structure of its gold and forex exchange reserves, its first deputy chairman said in a newspaper interview published on Tuesday 21 February.
Russia and Azerbaijan agree on banking supervision
The Bank of Russia and the National Bank of Azerbaijan have signed an agreement on cooperation in banking supervision, RBC reported Tuesday 6 February.
Bank of Russia appoints new deputy chairman
The Bank of Russia said Thursday 1 February that it had appointed a new deputy chairman to replace Andrei Kozlov, who was shot dead in a crime widely linked to his work at the central bank.
New developments in Kozlov murder case
A woman was charged on Friday 19 January in connection with the murder of Russian central banker Andrei Kozlov.
Russian central bank reserves drop
The Russian central bank said Thursday 18 January its gold and foreign currency reserves have dropped by 2.2 bln usd in one week, with levels standing at 301.7 bln usd on Jan 12.
Russia charges central banker murder suspect
Russian prosecutors on Wednesday 17 January charged a private banker with ordering the murder of Russian central bank first deputy chairman Andrei Kozlov.
Kozlov's murder - the real story
Financing hundreds of thousands of illegal under-the-table deals requires huge sums of money. Every month, in Russia mountains of "black cash", are exchanged illegally behind the scenes. As long as this parallel system of financial settlement exists,…
Report says Kozlov murder suspects charged soon
Official charges will be brought soon against the suspects recently arrested in relation to the murder of first deputy chairman of the Russian central bank Andrei Kozlov, Interfax quoted Prosecutor General Yury Chaika as saying Tuesday 16 January.
Russian central bank submits board candidates
The Bank of Russia has submitted Alexei Simanovsky and Mikhail Sukhov to the State Duma as candidates for vacant seats on the central bank's board of directors, Vyacheslav Reznik, chairman of the Duma committee for credit organizations and financial…
Court sanctions arrest of Kozlov murder suspect
A Moscow court on Monday 15 January sanctioned the arrest of a banker detained last week in connection with the investigation into the murder of a senior Russian central bank official.
Central Bank of Russia - Annual Report 2005
According to the Central Bank of Russia's Annual Report 2005, the macroeconomic situation in 2005 was characterised by rapid economic growth, which exceeded the official forecast for the year.
Top prosecutor says Kozlov murder solved
The murder of Andrei Kozlov, first deputy chairman of the Russian central bank, has been solved, the Russian Prosecutor General said Tuesday 5 December.
Russia and Belarus governors to meet
Petr Prokopovich and Sergei Ignatyev, governors of the central banks of Belarus and Russia, respectively, will attend the 25th meeting of the Interbank Currency Council on Friday.
Russia worries about capital inflows
Russia's central bank on 29 November raised its forecast for capital inflows this year and has hinted at tighter banking reserve requirements to slow the inflow of cash.