Trends - Russian central bank - Business Recorder

Russian central bank

Russian central bank: high rates likely needed throughout 2024

MOSCOW: Russia will probably need to keep interest rates high throughout 2024, the Bank of Russia’s Deputy Governor...

Published 03 Oct, 2023 04:58pm

Markets

Yen worries increase as dollar strengthens after Fed

TOKYO: The dollar hit fresh peaks on Thursday, sitting around its highest against the yen since November after a...

Published 21 Sep, 2023 09:43am

Business & Finance

Russian central bank says rates will need to stay high as it hikes to 13%

MOSCOW: Russia’s central bank raised its key interest rate by 100 basis points to 13% on Friday, jacking up the cost...

Published 15 Sep, 2023 06:19pm

Markets

Russian central bank hikes rates by 350 bp to 12% in extraordinary meeting

MOSCOW: Russia’s central bank hiked its key interest rate by 350 basis points to 12% on Tuesday, an emergency rate...

Published 15 Aug, 2023 01:23pm

World

EU leaders push to fund Ukraine with proceeds from Russia's frozen assets

BRUSSELS: European Union leaders will push senior officials on Thursday to find legal ways to funnel proceeds from...

Published 29 Jun, 2023 07:53pm

World

Over $8bn of Russian central bank assets held in Switzerland

GENEVA: A total of 7.4 billion Swiss francs ($8.3 billion) of reserves and assets of the Russian central bank are...

Published 10 May, 2023 05:55pm

World

'Not easy' to seize Russia assets: EU task force head

STOCKHOLM: EU plans to seize Russian assets following Moscow's invasion of Ukraine, prioritising state assets of...

Published 25 Mar, 2023 12:12am

World

Russian assets worth around $5.7bn sanctioned in Germany

BERLIN: Russian assets worth around 5.32 billion euros ($5.69 billion) have been sanctioned in Germany over the...

Published 18 Feb, 2023 01:20pm

World

EU to examine using confiscated Russian assets for reconstruction

European Council President Charles Michel has urged the block’s national leaders to push forward with talks on using...

Published 23 Jan, 2023 10:39am

World

Russia falls into recession

MOSCOW: Russia's economy has entered a recession as gross domestic output fell by four percent in the third quarter,...

Published 16 Nov, 2022 10:38pm

Business & Finance

Russian Central Bank maintains key rate at 7.5 percent

MOSCOW: The Russian central bank kept its key rate at 7.5 percent on Friday, an expected measure aimed at supporting...

Published 28 Oct, 2022 05:56pm

Markets

Russian could buy yuan, Indian rupees, Turkish lira for rainy day fund

MOSCOW: Russia is considering buying the currencies of "friendly" countries such as China, India and Turkey to hold...

Updated 12 Aug, 2022 07:15pm

Markets

Russian central bank cuts key rate to pre-crisis level of 9.5%

Russia’s central bank cut its key interest rate to the pre-crisis level of 9.5% on Friday and said it would continue...

Published 10 Jun, 2022 03:52pm

Markets

Russian central bank plays down role of dollar and euro at home and globally

Russia’s central bank said on Tuesday that the role of the dollar and the euro as global currencies would decline as...

Published 31 May, 2022 06:43pm

Business & Finance

Russian central bank slashes rates, flags more cuts

Russia’s central bank lowered its key interest rate to 11% at an off-schedule meeting on Friday and said it saw room...

Published 26 May, 2022 01:18pm

World

Brussels says about $24bn of Russian central bank assets frozen in EU, less than expected

BRUSSELS: European Union states have reported the freezing of about 23 billion euros ($24.5 billion) of assets of...

Published 25 May, 2022 08:15pm

Business & Finance

Russian central bank to hold extraordinary rate-setting meeting on Thursday

Russia’s central bank will hold an extraordinary meeting on Thursday to consider the level of its key interest rate,...

Published 25 May, 2022 12:58pm

Business & Finance

Berlin ‘open’ to seizing Russian central bank assets for Ukraine

BERLIN: German Finance Minister Christian Lindner said Wednesday he was “open” to a discussion about ...

Published 12 May, 2022 05:40am

Markets

Russia seen cutting key rate by 200 bps to 15% on Friday

The Russian central bank is expected to cut its key interest rate by 200 basis points to 15% on Friday as it tries...

Published 25 Apr, 2022 08:10pm

Business & Finance

Russian rouble falls

MOSCOW: The Russian rouble weakened on Thursday, driven by expectations that Russia may relax its temporary capital...

Published 15 Apr, 2022 05:29am

Markets

Russian central bank suspends monthly foreign trade data for first time since 1997

The Russian central bank said on Monday it had temporarily suspended publishing data on foreign trade on a monthly...

Published 11 Apr, 2022 09:26pm

World

G7 allies seek to halt Russian gold transactions

BRUSSELS/ LONDON: The G7 group of advanced economies and the European Union pledged to block transactions involving...

Published 25 Mar, 2022 05:47am

Markets

Goldman Sachs sees five rate hikes in 2023

Goldman Sachs expects the Federal Reserve to raise interest rates five times in 2023, and forecasts that the US...

Published 21 Mar, 2022 12:01pm

Business & Finance

Russian rouble falls to new lows after ratings downgrades

MOSCOW: The Russian rouble slumped to new record lows against the dollar and euro on Thursday after Fitch and...

Published 04 Mar, 2022 04:37am

Markets

Yellen says US will address potential gaps in Russia sanctions

CHICAGO: The United States will address potential gaps in tough sanctions imposed on Russia over its invasion of...

Published 03 Mar, 2022 12:28pm

Markets

Russian central bank, sovereign fund may hold $140bn in Chinese bonds

SHANGHAI: Russia's central bank and sovereign wealth fund may account for nearly a quarter of foreign holdings of...

Published 03 Mar, 2022 12:26pm

Business & Finance

Sterling rises against euro

LONDON: Sterling rose against the euro but was little changed against the dollar on Monday after Western nations...

Published 01 Mar, 2022 05:34am

Business & Finance

US bans transactions with Russian central bank

WASHINGTON: The United States on Monday banned all US transactions with Russia's central bank effective immediately,...

Published 28 Feb, 2022 06:53pm

World

Japan joins sanctions on Russian central bank, says 'Japan is with Ukraine'

TOKYO: Japan will join the international sanctions on Russia's central bank by limiting transactions with it, Prime...

Published 28 Feb, 2022 05:21pm

Markets

Russia hikes key rate to 20% in emergency move, tells companies to sell FX

The Russian central bank raised its key interest rate to 20% from 9.5% on Monday in an emergency move, and...

Published 28 Feb, 2022 12:43pm

Gainers
Losers
Leaders

Stock	Price
Haseeb Waqas / Nov 30 Haseeb Waqas Sugar Mills Limited(HWQS)	10.38 ▲ 1.00 (10.66%)
Bela Auto / Nov 30 Bela Automotives Limited(BELA)	8.79 ▲ 0.81 (10.15%)
Dewan Sugar / Nov 30 Dewan Sugar Mills Limited(DWSM)	2.70 ▲ 0.21 (8.43%)
Sec. Inv. Bank / Nov 30 Security Investment Bank Limited(SIBL)	6.50 ▲ 0.46 (7.62%)
Bannu Woollen / Nov 30 Bannu Woollen Mills Limited(BNWM)	30.21 ▲ 2.11 (7.51%)
Chashma / Nov 30 Chashma Sugar Mills Limited(CHAS)	65.58 ▲ 4.58 (7.51%)
Crescent Steel / Nov 30 Crescent Steel & Allied Products Limited(CSAP)	43.53 ▲ 3.04 (7.51%)
IBL HealthCare / Nov 30 IBL HealthCare Limited(IBLHL)	39.95 ▲ 2.79 (7.51%)
Atlas Honda Ltd / Nov 30 Atlas Honda Limited(ATLH)	373.27 ▲ 26.04 (7.50%)
MithchellsFruit / Nov 30 Mitchells Fruit Farms Limited(MFFL)	245.32 ▲ 17.12 (7.50%)

Stock	Price
Nazir Cotton Mills / Nov 30 Nazir Cotton Mills Limited(NCML)	3.07 ▼ -0.83 (-21.28%)
Trust Mod. / Nov 30 Trust Modaraba(TRSM)	1.43 ▼ -0.17 (-10.63%)
Dar-es-Salaam / Nov 30 Dar-es-Salaam Textile Mills Limited(DSML)	8.30 ▼ -0.95 (-10.27%)
Trust Sec.& Brok. / Nov 30 Trust Securities & Brokerage Limited(TSBL)	9.06 ▼ -0.94 (-9.40%)
Jahangir Sidd(Pref) / Nov 30 Jahangir Sidd(Pref)(JSCLPSA)	8.51 ▼ -0.74 (-8.00%)
Ideal Sp. / Nov 30 Ideal Spinning Mills Limited(IDSM)	14.66 ▼ -1.19 (-7.51%)
AKD Hospitality / Nov 30 AKD Hospitality Limited(AKDHL)	159.28 ▼ -12.91 (-7.50%)
Blessed Tex. / Nov 30 Blessed Textiles Limited(BTL)	317.28 ▼ -25.72 (-7.50%)
Universal Network (GEM) / Nov 30 Universal Network Systems Limited (GEM)(GEMUNSL)	32.99 ▼ -2.67 (-7.49%)
Metro Steel / Nov 30 Metropolitan Steel Corporation Limited(MSCL)	21.37 ▼ -1.73 (-7.49%)

Stock	Volume
B.O.Punjab / Nov 30 The Bank of Punjab(BOP)	50,052,966 ▼ -0.21
Cnergyico PK / Nov 30 Cnergyico PK Limited(CNERGY)	35,689,157 ▼ -0.07
Pak Refinery / Nov 30 Pakistan Refinery Limited(PRL)	35,409,231 ▼ -0.13
Fauji Fert Bin / Nov 30 Fauji Fertilizer Bin Qasim Limited(FFBL)	32,650,500 ▲ 1.67
WorldCall Telecom / Nov 30 Worldcall Telecom Limited(WTL)	30,751,189 ▼ -0.01
Fauji Foods Ltd / Nov 30 Fauji Foods Limited(FFL)	30,039,307 ▲ 0.58
Kohinoor Spining / Nov 30 Kohinoor Spinning Mills Limited(KOSM)	23,573,500 ▼ -0.20
The Searle Co. / Nov 30 The Searle Company Limited(SEARL)	21,694,598 ▼ -0.38
Dewan Cement / Nov 30 Dewan Cement Limited(DCL)	21,032,000 ▲ 0.07
Fauji Cement / Nov 30 Fauji Cement Company Limited(FCCL)	15,482,500 ▲ 0.67

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 30	285.78
USD PKR Interbank Buying / Nov 30	285.23
USD to Japanese Yen / Nov 30	147.02
USD to Swiss Franc / Nov 30	0.87
Pound Sterling to USD / Nov 30	1.27
Euro to USD / Nov 30	1.10
UK LIBOR % / Nov 29	5.46

Stock	Volume
S&P 500 / Nov 29	4550.58
Nasdaq / Nov 29	14258.49
Dow Jones / Nov 29	35430.42
India Sensex / Nov 30	66809.11
Tokyo Nikkei / Nov 30	33486.89
Hang Seng / Nov 30	17042.88
FTSE 100 / Nov 30	7437.50
Germany DAX 30 / Nov 30	16203.24
France CAC40 / Nov 30	7279.08

Item	Value
Karachi Cotton PKR/37.32 KG / Nov 29	17735
Gold 10 Grams PKR / Nov 29	185614
Crude Oil USD/Barrel / Nov 30	78.06
Gold Spot USD/Ounce / Nov 30	2044.28
Cotton US¢/pound / Nov 30	79.69

Avari Hotels, Avari family target of alleged blackmail & vilification campaign

Russian central bank

Most Popular Articles