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Bank of Russia
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location iconMoscow, Russia
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company sizeCompany size: 5000+

The Bank of Russia aka The Central Bank of the Russian Federation was founded in 1860 and based in Moscow. The primary function of the Bank of Russia is manage the ruble and ensure it stability promote the development and strengthen the Russian banking system, the development of the national payment system, develop the financial market of the Russian Federation and ensure its stability..

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Bank of Russia - Recent News & Articles

National Center for Public Policy Research proposes BTC treasury to Amazon

The National Center for Public Policy Research — a Washington DC-based think tank championing free markets — submitted a shareholder proposal to Amazon saying that a Bitcoin corporate treasury strateg...

Source: Cointelegraph

Asia Economy India’s central bank revises down economic growth forecast for 2025, keeps interest rate steady

India’s central bank expectedly kept the benchmark interest rate unchanged at 6.50% on Friday as it struggles to contain rising inflation without hurting growth in Asia’s third-largest economy. The ce...

Source: CNBC

South Korea’s central bank cuts key interest rate to nurse a slower economy

South Korea’s central bank lowered its key policy rate for a second straight month and said the country’s economy will grow at a slower pace than it initially anticipated. Following a policy meeting, ...

Source: AP News

Bank of England Seeks Ability to Lend to Non-Bank Financial Institutions

The Bank of England aims to develop the ability to lend to non-bank financial institutions (NBFIs). It is doing so to address potential liquidity challenges in core financial markets that could threat...

Source: PYMNTS

FOMC Minutes: "appropriate to move gradually toward a more neutral stance"

From the Fed: Minutes of the Federal Open Market Committee, November 6–7, 2024. In their discussion of financial stability, participants who commented noted vulnerabilities to the financial system tha...

Source: Calculated RISK

How is private credit weathering its first big rate hiking cycle?

Interest rates are coming down, but only after one of the most brutal monetary tightening periods in modern history. And they’re probably coming down too late, too little and too slowly for a lot of s...

Source: Financial Times

Euro zone inflation rises to higher-than-expected 2%, weakening case for jumbo rate cut

Inflation in the euro area rose from 1.7% to 2% in October, flash figures showed Thursday, coming in slightly higher than the 1.9% forecast. Core inflation and services inflation were both unchanged ...

Source: CNBC

Russia proposes Swift alternative for cross-border payments

In a significant move to counteract international sanctions and reduce dependency on the global financial system Swift, Russia has called on BRICS nations to establish a new cross-border payments netw...

Source: Yahoo Finance

European Central Bank lowers key rate to 3.25% in third cut this year: Live updates

The European Central Bank on Thursday cut its key interest rate to 3.25%, in its third quarter-percentage-point reduction of the year. The move had been fully priced by markets after policymakers flag...

Source: CNBC

China kicks off 500 bln yuan swap facility to aid stock market

China's central bank said on Thursday it would start accepting applications from financial institutions to join a newly created funding scheme, initially worth 500 billion yuan ($70.62 billion), to ai...

Source: Reuters