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Russia

A collection of news and information related to Russia published by this site and its partners.

Top Russia Articles

Displaying items 100-110
  • Russia's Putin says Rosneft CEO Sechin is an 'effective' manager

    Russian President Vladimir Putin said on Thursday Igor Sechin, CEO at the country's top oil producer Rosneft , was an "effective" manager, adding he had no plans to fire him. "Sechin works properly and effectively," Putin told his annual press...
  • Federal Reserve signals an interest rate hike is getting closer

    Federal Reserve signals an interest rate hike is getting closer
    The Federal Reserve signaled Wednesday that its first interest rate hike in eight years is approaching as policymakers stopped indicating that short-term rates would remain near zero for “a considerable time.” Instead, the Fed said in a...
  • Ruble rises after Russia pledges market interventions

    MOSCOW The ruble made gains Wednesday against the dollar and the euro after the Russian government pledged to defend the currency, which had plummeted this week to record lows. It took 61.7 rubles to buy a dollar on the Moscow stock exchange in late...
  • Fed confident on U.S. growth, opens door wider to rate hike

    Fed confident on U.S. growth, opens door wider to rate hike
    The Federal Reserve on Wednesday offered a strong signal that it was on track to raise interest rates sometime next year, altering a pledge to keep rates near zero for a "considerable time" in a show of confidence in the U.S. economy. Closing out a two-...
  • Bank of England's Cunliffe sees little direct exposure to UK from Russia

    Britain has little direct exposure to economic turmoil in Russia, but it is important to weigh up risks to the financial system resulting from the market strife, a senior Bank of England official said on Wednesday. BoE Deputy Governor Jon Cunliffe also...
  • Russian ruble suffers steepest drop in 16 years

    Russian ruble suffers steepest drop in 16 years
    The ruble plunged more than 11 percent against the dollar on Tuesday in its steepest intraday fall since the Russian financial crisis in 1998 as confidence in the central bank evaporated after an ineffectual rate hike. The ruble opened around 10...
  • MSCI could exclude Russia from Emerging Markets index

    Index provider MSCI said it may exclude Russia from its emerging markets benchmark if authorities introduced capital or foreign exchange controls. Around $1.4 trillion are benchmarked against MSCI's Emerging Markets share index, which are used by many...
  • Russian state expenditure should decline by at least 5 percent a year: RIA

    Russian state expenditure should fall by at least 5 pct per year over the next three years, RIA news agency quoted Sergei Ivanov, the head of the Kremlin's administration, as saying on Wednesday. Ivanov said the plan was in line with an order by...
  • Top Kremlin aide says government, central bank agree ways to calm FX market: Interfax

    The Russian government and central bank have agreed on ways to tackle problems on the foreign exchange market, Interfax quoted a Kremlin economic aide as saying on Wednesday. The adviser, Andrei Belousov, said some of what he called "consolidated...
  • Russia central bank says investigating possible manipulation on FX market

    Russia's central bank has started investigating possible manipulation on the foreign currency market, Vladimir Chistyukhin, a deputy governor of the central bank, told reporters on Wednesday. He added that the central bank was not discussing...
  • Russian finance minister already selling FX on the market: Interfax source

    Russia's Finance Ministry is already selling foreign exchange on the market, Interfax news agency said on Wednesday, quoting a source. Earlier on Wednesday the Finance Ministry said it was starting to sell its leftover foreign-currency stock and that it...