Russian Stock Indices Close Higher, Oil Prices Increase

Russian stocks pushed higher on Wednesday with firmer crude prices helping Russian energy companies, in light and choppy trade...

Read more Russian Stock Indices Close Higher, Oil Prices Increase

Source: Russia Today

Russian Central Bank Raises Key Rates to Cap Prices

Russia’s central bank raised its main interest rates for the second time this month in a bid to make the weakening ruble more attractive to investors, cap capital outflow and damp “inflationary trends.”...

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Source: Bloomberg

Russia: Foreign Investment Down 14% to $76 Bn

Foreign investment in Russia fell 13.8%, year-on-year, in January-September to $75.8 bln while accrued foreign capital rose 27% from a year ago to $251.3 bln, the country's top statistics body said on Wednesday...

Read more Russia: Foreign Investment Down 14% to $76 Bn

Source: RIA Novosti

Russian Economy: Oil Price Rebound Lifts Stocks

The MICEX Index climbed for the first time in five days as oil pared earlier losses and on speculation that a rise in early U.S. stock trading will boost world equities...

Read more Russian Markets: Oil Price Rebound Lifts Stocks

Source: Moscow Times

Ruble Weakens Against Basket: as Oil, Equities, Bonds Decline

The ruble weakened against the central bank's dollar-euro basket as oil, Russia's biggest export earner, declined and stocks dropped for a fourth day...

Read more Ruble Weakens Against Basket as Oil, Equities, Bonds Decline

Source: Bloomberg

X5, Russia's Top Food Retailer Secures Financing

X5, Russia's top food retailer by revenue, said on Friday it has secured 7 billion roubles ($255 million) in financing from VTB bank as part of the government's rescue plan for the retail sector...

Read more Russia: Top Food Retailer Secured Financing, Stock Jumps

Source: Reuters

Russian Stocks Fall as Ruble Weakens

Russian stocks tumbled the most this month, prompting the Micex Stock Exchange to suspend trading for tomorrow, on concern the country's currency will continue to depreciate...

Read more Russian Stocks Fall as Ruble Weakens

Source: Bloomberg