Vladimir Putin met with Governor of the Central Bank Elvira Nabiullina to discuss the banking sector’s work over the first half of 2015. By The Kremlin Ms Nabiullina also spoke about progress on establishing the national payment system and national rating agency. * * * President of Russia Vladimir Putin: Ms Nabiullina, the Central Bank is doing a lot to strengthen the national currency, or at least, to keep it stable and maintain … Continue reading
No end seems to be in sight for the plight of the Russian ruble, which slumped to new record lows against hard currencies Tuesday. The EUR traded at 99.56 against the ruble, and the USD at 79.17. At the time of publication the official website of the Moscow Exchange wasn’t available, the data comes from … Continue reading