New this week: June 24th: Russians do not need permission from the Central Bank to contribute to the equity of a foreign company if the payment is in rubles or the currency of a friendly state, or if the amounts does not exceed RUB 15 mln.
If you are not a member please click here to contact us Username Password Remember Me Forgot Password
New this week: Central Bank cuts key rate by 150 bps to 9.5%. The reason given is that inflation in April was lower than expected, and no acceleration is expected in May and June.
The taking of Mariupol was widely covered in the mainstream Russian media as a major step forward. The domestic political rhetoric has fully shifted to describing the military operation as being intended to free Donbas.
April was the first month the Russian economy faced the full consequences of the changes to its macro environment. Surprisingly, the data suggests that the effects of the crisis are much milder than expected. This, however, does not mean that the crisis will be softer; rather it means that it will be more gradual and protracted.
New this week: Draft law in Duma will prevent residents of unfriendly countries owning bookmakers.
New this week: Bank of Russia allows Russian companies to contribute to charter capital of companies in friendly states, under certain conditions.
The constitution says that in all cases where the President is unable to carry out his duties, the Prime Minister becomes acting President, with limited powers, and an election must be held within three months.
New this week: Government submits law on parallel imports to the Duma, protecting Russian companies that
import goods without the rights holder’s permission from civil, administrative and criminal liability.
Current ruble rate is where the government wants it to be – the fundamental rate is in the RUB75-85/US$ corridor. Basically, the ruble exchange rate can go anywhere where the government/CBR want it to be.
Design by
Copyright © 2022 Macro-Advisory Ltd. All Rights Reserved
Design by
Copyright © 2022 Macro-Advisory Ltd.
All Rights Reserved
Copyright © 2022 Macro-Advisory Ltd.
All Rights Reserved
