The lawsuit was a warning to European officials who are racing to agree to a plan to use Russian government assets in Europe to lend money to Ukraine.
Category: Central Bank of Russia
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Russia Again Cuts Interest Rates as Its Economy Slows
Falling inflation has persuaded the central bank in Moscow to continue relaxing the country’s record borrowing costs.
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Is It Time to Transfer Frozen Russian Assets to Ukraine? Calls Grow Louder.
President Trump’s threat to abandon Ukraine added urgency to plans to fund security or reconstruction with the roughly $300 billion owned by Russia’s central bank.
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Russia Raises Interest Rate to 21 Percent, Its Highest in Decades
Military spending and recruitment are causing the country’s economy to overheat, leaving regulators in a struggle to rein in rising prices.
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U.S. and Europe Move Closer to Using Russian Assets to Help Ukraine
Finance ministers from the G7 nations are hoping to finalize a plan ahead of the group’s leaders meeting next month.
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Russia’s Central Bank Raises Rates to 16 Percent
The bank warned that its tight monetary policy would continue “for a long period” as it attempts slow an economy in danger of overheating.
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E.U. Moves to Tap Frozen Russian Assets to Help Ukraine
A plan to use interest earned on frozen Russian central bank assets could provide up to 15 billion euros for Ukraine, but faces hurdles before final approval.
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Russia Tries to Bolster Ruble as Inflation Adds to Economic Woes
The central bank in Moscow took steps to counter the currency’s slide, but the war and resulting sanctions have put intense pressure on the economy.
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The ruble’s fall is raising concerns inside Russia about rising inflation.
The Russian currency has lost about a quarter of its value against the dollar this year, a reflection of the country’s roiling economy.