Alexei Ulyukayev News
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Cyprus’s financial crisis may force Russia to review the share of euros in its international currency reserves, the world’s fourth-largest stockpile, according to Prime Minister Dmitry Medvedev.
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Russia’s next central bank chairman will have scope to meet Vladimir Putin’s call for lower borrowing costs as yields on the shortest-maturity debt fall and economists predict the fastest inflation in 18 months will ease.
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President Vladimir Putin picked a member of his inner circle to lead Russia’s central bank after government calls for lower borrowing costs fell on deaf ears.
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President Vladimir Putin picked a member of his inner circle to lead Russia’s central bank after government calls for lower borrowing costs fell on deaf ears.
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President Vladimir Putin picked a member of his inner circle to lead Russia’s central bank after government calls for lower borrowing costs fell on deaf ears.
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Elvira Nabiullina, a Kremlin aide and former economy minister, is being considered by President Vladimir Putin to replace Russian central bank Chairman Sergey Ignatiev, according to two people with knowledge of the matter.
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The Group of 20 nations are debating calls to refrain from government intervention in currency markets, Russia’s central bank First Deputy Chairman Alexei Ulyukayev said.
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Russia’s government may seek wider powers for the observers it sends to central bank board meetings after the regulator merges with the financial markets watchdog, according to Deputy Finance Minister Alexei Moiseev.
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Russia’s central bank refrained from easing borrowing costs after inflation surged to a 15-month high, warning of the threat of faster price growth and defying government calls for lower rates to support the slowing economy.
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Russia will probably refrain from easing borrowing costs this month after inflation surged to a 15-month high and the central bank indicated it wouldn’t yield to government calls for lower rates.
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