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Russia's Central Bank prints money, offers credits to help banks

MOSCOW -- Russia's Central Bank has printed almost $66 million in new rubles and issued short-term credits to get cash flowing through the frozen banking system...

http://chronicle.augusta.com/stories/1998/09/22/bus_239649.shtml
Business
Central Bank defends use of obscure offshore company

MOSCOW -- Russia's Central Bank denied on Thursday that it had done anything wrong when it...Commerciale de L'Europe du Nord (Eurobank), itself controlled by Russia's Central Bank, Tulin said. "Why choose the services of this bank?" Tulin...

http://chronicle.augusta.com/stories/1999/02/19/bus_253792.shtml
Business
Russia's Central Bank chief favors printing new rubles

MOSCOW -- Russia's new government showed some of its cards Tuesday, proposing to print money to pay back wages and impose some Soviet-style controls over the market -- but also making a key appointment to enhance its reform credentials. The head of the centrist Our Home Is Russia parliament faction, Alexander Shokhin, was named deputy prime minister in charge of financial issues -- a daunting job as Russia tries to pull itself out of its economic morass. He said he expected another member of his faction to be named to a Cabinet post later.

http://chronicle.augusta.com/stories/1998/09/16/bus_239108.shtml
Business
Russia's oligarchs looking for government help

...percent. When the government defaulted in August, the bank suffered huge losses and is now under the control of Russia's Central Bank. As Russia moved to a free market at the beginning of the decade, the current tycoons were unknowns who got...

http://chronicle.augusta.com/stories/1999/02/26/bus_254487.shtml
Business
Russia commercial bank about $2 billion in debt

...Ryan, CEO of Moscow's United Financial Group, an investment bank. Today, SBS-Agro is in a standoff with Russia's Central Bank. The Central Bank imposed temporary administration over SBS-Agro and called for it to be nationalized, suspecting...

http://chronicle.augusta.com/stories/1998/09/18/bus_239267.shtml
Business
Russian bailout package now awaits parliament's verdict

...really a great story again," said Dmitry Kryukov, a trader at the MFK Renaissance investment bank in Moscow. Russia's Central Bank said its hard-currency reserves had fallen to $13.5 billion Tuesday, from $15.1 billion earlier this...

http://chronicle.augusta.com/stories/1998/07/15/bus_233389.shtml
Business
Russian parliament's upper house approves 1999 budget

...Foreign creditors are also expected to start seizing Russia's assets abroad, the former first deputy chief of Russia's Central Bank, Sergei Alexashenko, said earlier this week. The 1999 budget factors in new IMF loans, though none have been...

http://chronicle.augusta.com/stories/1999/02/18/bus_253694.shtml
Business
Budget faces new battle in Russian legislature

...percent. Some lawmakers suggested Thursday that the Duma consider minting gold coins to help pay off back wages. Russia's Central Bank has reportedly opposed the idea as unrealistic. In another development, the Cabinet approved a bill Thursday...

http://chronicle.augusta.com/stories/1999/01/29/bus_251630.shtml
Business
Russia says it can't repay foreign debt due in 1999

...reported Monday that Russia's money supply grew by 1 percent in a week, a sign that it is printing more rubles. Russia's Central Bank has said it plans to print another 20 billion rubles this year to help cover the budget deficit, a plan that...

http://chronicle.augusta.com/stories/1998/10/27/bus_242970.shtml
Business
Gloom in the air at financial leaders' gathering

...is dominating. You cannot find one sincere smile," said Alexander Korshunov, assistant to the chairman of Russia's central bank. "It's very easy to ask the questions, but it's difficult to find the answers." Jian Tan, a delegate...

http://chronicle.augusta.com/stories/1998/10/08/bus_241202.shtml
Business