Russian Ministry of Finance

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Pensions to be voluntary in Russia?

Chairperson of the Russian Central Bank Elvira Nabiullina described the introduction of the individual pension capital system as a priority of the Russian Central bank. Nabiullina said that the share of institutional …

Russia’s Finance Ministry announces FX purchase volumes

Russia’s Finance Ministry will acquire 265.8 billion rubles of foreign currency from the open market under the budget rule from January 15 through February 6, spending 15.6 billion rubles a day, the authority said in a statement. …

What does 2019 bring for Russia?

The year 2019 marks changes in various areas of the country's life. Among other things, a slew of amendments to Russia’s Tax Code concerning both individuals and legal entities come into force starting from January 1, 2019.  …

Russia's oil export duty to fall by $46.1 in January

Average price of Russia's Urals crude from prices recorded between November 15 to December 14 amounted to $60.47 per barrel, the Russian Finance Ministry reported. Russia’s oil export duty is expected to fall by $46.1 …

Will Russia issue Eurobonds in euros once again?

Russia's Finance Ministry is planning its first euro-denominated bond in half a decade as Moscow strives to reduce dependence on the U.S. dollar. The Eurobond settlement date is scheduled for December 4, 2018, the bond's …