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International

Katya Golubkova

Russian rate hike above 100 bps unlikely in December -Nabiullina

Dec 02 2021

MOSCOW (Reuters) -Russia's central bank is unlikely to raise its key interest rate by more than 100 basis points in December even after inflation neared a six-year peak in November, Governor Elvira Nabiullina said on Thursday.

REUTERS NEXT-Russian rate hike above 100 bps unlikely in December -Nabiullina

Dec 02 2021

MOSCOW, Dec 2 Russia's central bank is unlikely to raise its key interest rate by more than 100 basis points in December as challenges facing the economy are less dramatic than in 2014, at the height of the Crimean crisis, Governor Elvira Nabiullina said on Thursday.

Kremlin hopes Belarus won't stop gas transit to EU amid migrant crisis

Dec 01 2021

MOSCOW (Reuters) -Russia hopes Belarus will not suspend gas transit to Europe, the Kremlin said on Wednesday, after Belarusian President Alexander Lukashenko threatened to block shipments as part of a crisis over migrants at the border.

Exclusive-Russia's VTB expects rising interest rates could hit profit next year -CEO

Nov 29 2021

MOSCOW (Reuters) -Russia's second biggest bank VTB won't necessarily see 2022 net profit match this year's expected record high as sharp rises in interest rates reduce margins, Chief Executive Andrey Kostin told Reuters.

EXCLUSIVE-Russia's VTB expects rising interest rates could hit profit next year -CEO

Nov 29 2021

* Next year's profit could come under pressure amid rising c.bank's key rate - CEO

Possible new U.S. sanctions on Russia's OFZ market not a serious threat to financial stability - VTB Bank

Nov 29 2021

MOSCOW Potential new U.S. sanctions on Russia's secondary OFZ treasury bond market are not a 'serious threat' for the country's financial stability as state banks are much bigger holders of the bonds than U.S. investors, the head of state bank VTB said.

Exclusive - Russia's VTB could consider IPO for grains business in a few years' time

Nov 29 2021

MOSCOW Russia's No. 2 bank VTB will remain the controlling shareholder of grains business Demetra for at least another three years and could then consider floating it in an IPO, Chief Executive Andrey Kostin told Reuters.

Possible new U.S. sanctions on Russia's OFZ market not a serious threat to financial stability -VTB Bank

Nov 29 2021

MOSCOW, Nov 29 Potential new U.S. sanctions on Russia's secondary OFZ treasury bond market are not a 'serious threat' for the country's financial stability as state banks are much bigger holders of the bonds than U.S. investors, the head of state bank VTB said.

EXCLUSIVE-Russia's VTB could consider IPO for grains business in a few years' time

Nov 29 2021

* VTB CEO: there is still a lot of work to be done at Demetra

Russia-led fund in talks with Belarus on aid but wants reforms

Nov 24 2021

MOSCOW The Russia-led Eurasian Fund for Stabilization and Development (EFSD) is in talks with Belarus over financial support but wants the cash-strapped country to embark on reforms before disbursing money, the fund's managing director Andrey Shirokov said.

World News

IMF chief says Omicron could dent global economic growth

WASHINGTON (Reuters) -The International Monetary Fund is likely to lower its global economic growth estimates due to the new Omicron variant of the coronavirus, the global lender's chief said at the Reuters Next conference on Friday in another sign of the turmoil unleashed by the ever-changing pandemic.