Tag: Central Bank of Russia

October 30, 2015 BY Maria Nikolova

Bank of Russia keeps key rates at 11%

After a rate-setting meeting today, the Bank of Russia Board of Directors has decided to keep the key interest rate unchanged at 11.0% per annum, referring once again to substantial inflation risks. In its announcement, the Russian “Megaregulator” said the balance between inflation risks and the risks of economy cooling has broadly remained the same…

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October 26, 2015 BY Maria Nikolova

Bank of Russia publishes standards for Forex brokers' activity

Bank of Russia, the financial “Megaregulator” that is responsible for the Forex industry in the country too, has had an Instruction regarding the business activities of Forex brokers published in its official newspaper today. The Instruction includes 11 standards, or standard requirements, which Forex brokers willing to be and stay regulated in Russia should meet.…

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April 13, 2015 BY Maria Nikolova

Bank of Russia hosts meeting on Forex law

Work on implementing the newborn Russian Forex law continues at the Bank of Russia, the Megaregulator that will be responsible for the oversight of this market segment too. Earlier today, a working session was held at the Bank of Russia, with the special participation of Larisa Selyutina, head of the Securities Market and Commodity Market Department.…

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