Russia looks to strengthen ruble’s position in international settlements RBC, 07.10.2010, Moscow 16:21:54. The Russian Finance Ministry is planning to form an interdepartmental council on strengthening the ruble’s position in international settlements. Read more on RosBusinessConsulting Related PostsChina Allows Yuan to Start Trading Against RubleSerious problems the world economy and the eurozone in particular have [...]

Russian Prime Minister Vladimir Putin announced a temporary ban on wheat exports, after a drought destroyed a substantial part of the land promised to keep the crop, despite the initial grain exports stable. View full post on DailyFX – Forex Market News Related PostsAsian buyers cautious in volatile market wheatEx-TFS Broker Fined, Banned in U.K. [...]

Rusagro Cancels Russian Sugar IPO, Citing ‘Market Volatility’ May 13 (Bloomberg) — OAO Rusagro, Russia’s largest sugar producer, postponed its initial public offering due to “market volatility,” even after OAO Sberbank pledged to buy most of the stock on offer. Read more on Bloomberg Related PostsKKR plans to issue $ 500,000,000 breaking ShareRussia may reduce [...]

Russia May Reduce Foreign Borrowing MOSCOW — Russia may decrease foreign borrowing plans by $13 billion this year and increase domestic debt sales by the same amount, Deputy Finance Minister Dmitry Pankin said. Read more on St. Petersburg Times Related PostsSerious problems the world economy and the eurozone in particular have to be faced and [...]