Recent Posts Tagged With 'russia'

• Putin Orders Banks to Boost Lending, Sees Deficits

  Posted on Monday June 29th, 2009 at 13:07 in russia, central banks

  Russian Prime Minister Vladimir Putin told state-run banks to expedite loans to companies to help stem a financial crisis that will force the government to run deficits for at least three years. Putin called on banks such as OAO Sberbank and VTB Grou...

• Russia Sees 8.5% Contraction In 2009, 0.1% Growth In 2010

  Posted on Monday June 29th, 2009 at 12:53 in russia, forex risk management

  Just a tad aggressive there on the ramp up, but if it works for Templeton, why should Russia be any different. Also: - Sees 2009 average oil price at USD 54 a barrel (current based on USD 41).- Gradual global weakening vs. USD through 2012. ...

• Medvedev Questions Dollar as World Currency, Open to Yuan Swaps

  Posted on Friday June 5th, 2009 at 00:46 in russia, central banks

  Russian President Dmitry Medvedev questioned the U.S. dollar’s future as a global reserve currency and said using a mix of regional currencies would make the world economy more stable. Russia may consider ruble-yuan swaps. The dollar “is not in a...