The central bank stated, "Despite ongoing supervisory efforts by the Bank of Russia, Qiwi Bank failed to implement adequate risk mitigation measures and persisted in engaging in high-risk activities." Qiwi, …
Tag: Central Bank of Russia
The bank added: Moreover, the official EUR/RUB exchange rate will be set in the same manner as the official exchange rates of other foreign currencies against the ruble. This will …
The European Central Bank (ECB) had already ordered Sberbank's European unit to close. Sberbank has branches in many European counties including Austria, Croatia, Germany and Hungary. The bank’s Switzerland arm …
Forex Market The Russian finance ministry and Russia’s central bank have ordered domestic exporting companies to sell 80% of their forex reserves in order to help the rouble which plunged …
MOEX said: On the FX Market, during the trading session, the boundaries of the price corridor will not automatically change. At the opening of trading, the National Clearing Center (NCC) …
Following its monitoring of the MOEX USD/RUB FX Fixing, the Central Bank of Russia (CBR) has confirmed that the benchmark accurately reflects the market and meets all requirements for transparency …
The Central Bank of Russia (CBR) has registered an updated version of the Methodology of the Moscow Exchange Indices Calculation adopted by the Executive Board of Moscow Exchange on October …
The Central Bank of Russia (CBR) has officially recognised Moscow Exchange's USD/RUB FX Fixing and Moscow Exchange's operational performance as fixing administrator as being of satisfactory quality. The CBR also …
Bank of Russia, the “Megaregulator” of Russia's financial markets, today announced its decision to to suspend 12-month FX repo auctions. The decision is effective April 1, 2016. The watchdog explained …
It is a rare occurrence that the Bank of Russia publishes a press release on Sunday. But yesterday it did and the press release concerned financial market innovation and blockchain, …
