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It is difficult to predict the exchange rate in the current economic conditions, but the Ministry of Finance of the Russian Federation gave its forecast for the next three years. The Ministry of Finance has prepared an updated forecast for the dollar for the next three years. In particular, the agency predicts an average exchange […]
At the same time, the State Duma believes that the program should be made open-ended, and that limits on loan amounts should be raised. The “anti-crisis” credit holidays introduced in the spring will expire on September 30th. In fact, the period is expiring when the borrower has the right to apply to the bank and […]
The Ministry of Finance of the Russian Federation does not plan to increase the deduction for individual investment accounts (IIS). Deputy Finance Minister Alexei Sazanov spoke about this in an interview with Prime. “It is not planned to expand the deduction, now we do not have sources for this, but we will fine-tune the tax […]
MOSCOW, September 13 – PRIME. The Ministry of Finance of Russia on September 14 at the first auction in more than six months to place federal loan bonds (OFZ) will offer papers worth 10 billion rubles, the ministry said in a statement. Finance Ministry to resume OFZ auctions on September 14 The Ministry of Finance […]
MOSCOW, 12 Sep — PRIME. The Russian Ministry of Finance plans to resume holding traditional auctions for the placement of federal loan bonds (OFZ) on September 14, according to the materials of the ministry. Credit Derivatives Settlement Auction Set for September 12 The Ministry of Finance has published a schedule of OFZ auctions for the […]
The Ministry of Finance of Russia proposed a draft rules for considering companies’ applications for deferment automatic conversion depositary receipts , which are recorded in Russian depositories, or its cancellation. The document was published on the portal for placing information on the preparation of draft regulatory legal acts, it is under discussion. Interfax drew attention […]
MOSCOW, September 9 — PRIME. In August, the Russian Ministry of Finance purchased bonds of JSC AK Ural Airlines for 2.3 billion rubles from the funds of the National Welfare Fund, the ministry said in a statement. The Ministry of Finance will not cancel VAT for banks on the purchase of investment diamonds “In accordance […]
MOSCOW, 8 Sep — PRIME. Foreign investors are showing cautious interest in the operation of Russia’s new payment mechanism for its sovereign Eurobonds, but have not yet come for the money, Russian Deputy Finance Minister Timur Maksimov said, speaking at the Moscow Financial Forum. The Ministry of Finance allowed non-residents to redeem blocked Russian assets […]
Non-residents who have funds in type C accounts can buy back from Russians blocked foreign papers. This was stated to journalists by Deputy Finance Minister Alexei Moiseev on the sidelines of the Moscow Financial Forum. “Yes,” he said, when asked if such an option was being considered. A type C account is a special account […]
The use of cryptocurrencies in cross-border settlements may be legalized in the near future, but with restrictions. Since the beginning of the year, the Central Bank and the Ministry of Finance have been arguing about the regulation of cryptocurrencies in Russia. The position of the Central Bank assumed an almost complete ban on any operations […]
