Russian government could provide 225 billion roubles to Rosseti
(Reuters) – Russia could provide up to 225 billion roubles ($3.6 billion) in state funds to power company Rosseti to cover a deficit in the firm’s investment programme, Russia’s deputy energy minister…
Russia will continue to service external debt in roubles, minister says
(Reuters) – Russia will keep on paying its state Eurobond obligations in roubles and will defend its role as a reliable borrower by all possible means, Finance Minister Anton Siluanov said on…
Russia to service external debt in roubles, ministry says
(Reuters) – Russia will service its external debt in roubles, which can be converted into the currency of the original Eurobonds at a later date, the finance ministry said on Wednesday, as…
Russia’s Sberbank pays in roubles on dollar-denominated Eurobonds
(Reuters) – Russian lender Sberbank on Tuesday said it had made a coupon payment on dollar-denominated subordinated Eurobonds in roubles at the central bank exchange rate. The ability of Russia to service…
Several European traders have started to pay for Russian gas in roubles – sources
(Reuters) – Some European traders have started to pay Russia for gas sales in roubles, while large clients have yet to do so, two sources familiar with the matter told Reuters on…
Russia tweaks tax code to make it easier for foreign firms to pay in roubles
(Reuters) – Russian lawmakers on Wednesday passed an amendment to the tax code that they said would make it easier for foreign companies to open accounts with Russian banks and pay for…
Russian Deputy PM says several buyers agree to pay in roubles for Russian gas
(Reuters) – Several buyers of Russian gas have agreed to switch to payments in roubles, Russian Deputy Prime Minister Alexander Novak said on Friday. “We expect the decision (to switch to roubles)…
Russia pledges 19.5 billion roubles in state support for airlines
(Reuters) – Russia has pledged 19.5 billion roubles ($238 million) in state support for airlines to refund passengers flying on routes that have been cancelled due to sanctions, Russian Prime Minister Mikhail…
Russian magnate says charging roubles for exports would backfire – newspaper
(Reuters) – Steel baron Vladimir Lisin, listed by Forbes magazine as Russia’s third richest man, told Kommersant newspaper on Tuesday that Moscow’s plans to charge roubles for its exports would undermine country’s…
Slovak minister says paying in roubles could be an option as country needs gas
PRAGUE – The economy minister of Slovakia, which relies on Russian gas for around 85% of its demand, said the country could not be cut off from Russian gas flows and if…
Asian gas buyers puzzle over Putin’s demand for payment in roubles
By Yuka Obayashi and Heekyong Yang TOKYO – Asian importers of Russian gas were scrambling on Thursday after Russian President Vladimir Putin said “unfriendly” countries must pay for Russian gas in roubles,…
Explainer-Challenges arise as Russia calls for gas payments in roubles
By Arathy Somasekhar HOUSTON – Russian President Vladimir Putin on Wednesday said the world’s largest natural gas producer would soon require “unfriendly” countries to pay for their fuel in Russia’s currency, the…
Russian central bank raises 1.4 trln roubles at 1-day deposit auction
– Russia’s central bank on Monday said it had raised 1.4 trillion roubles ($12.44 billion) at one-day “fine-tuning” deposit auction. The bank earlier on Monday provided banks with 2.1 trillion roubles at…
Russia to pay external debt in roubles if forex accounts remain blocked, TASS says
– Russia will service its external obligations in roubles if foreign exchange accounts of the central bank and the government remain blocked by the western sanctions, Finance Minister Anton Siluanov was quoted…
Russian banking liquidity shortage widens to 7 trillion roubles, central bank says
MOSCOW – The Russian banking system’s liquidity shortage widened to 6.9 trillion roubles ($68.25 billion) on Wednesday, the central bank said, up from 5.4 trillion roubles a day before as people rush…
Breaking News
