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Putin's plunge

...borrowed a lot of money in dollars, so the plummeting ruble makes their debts harder to pay off. That's why Russia's central bank jacked up interest rates from 10.5 to 17 percent at an emergency 1 a.m. meeting Monday night. ..."Russia...

http://chronicle.augusta.com/opinion/editorials/2014-12-18/putins-plunge
Oil has fallen by nearly half, to recession levels, as US economy improves

...European stocks also fell, and the Russian ruble plunged to a record low against the dollar. Later Monday, Russia's central bank dramatically hiked a key interest rate in an effort to stop the ruble from dropping further.So what's going...

http://chronicle.augusta.com/news/business/2014-12-15/oil-has-fallen-nearly-half
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
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 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
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
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
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 Central Bank tries to reassure country

MOSCOW -- Russia's Central Bank chief moved to reassure the country on Wednesday that its banking sector was sound, and a major state-owned bank stepped in...

http://chronicle.augusta.com/stories/2004/07/08/bus_421408.shtml
Business
Russian lawmaker accuses Central Bank of illegal investment

MOSCOW -- A lawmaker accused Russia's Central Bank on Friday of illegally investing its hard currency reserves in government treasury bills and hiding some of the profits. Nikolai...

http://chronicle.augusta.com/stories/1999/02/27/bus_254616.shtml
Business