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Central Bank Explains New Cash Control Rules

MOSCOW, 13 Jan – PRIME. The amendments to the anti-money laundering law that have come into force do not bring revolutionary changes in terms of cash control, but are intended to facilitate reporting for banks, the Central Bank’s press service told RIA Novosti. The Central Bank explained who will be affected by the new rules for controlling cash turnover. in the “anti-money…
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Banks fear an outflow of funds due to the digital ruble

MOSCOW, 13 Jan – PRIME. The issue of the digital ruble will cause an outflow of clients’ funds from banks and negatively affect their creditworthiness, there is also a risk of growth in rates, it follows from a study of the opinion of Russian banks, which was at…
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The Ministry of Finance placed one issue of OFZ at the auction

MOSCOW, 13 Jan – PRIME. The Ministry of Finance of Russia placed at an unlimited auction federal loan bonds (OFZ) with an indexed face value of 52003 series maturing in July 2030 for 21.009 billion rubles with a demand of 33.571 billion, the ministry said. OFZ: primary supply dominates the market The cut-off price was 100, 85% of the nominal, the weighted average price – 101.0907% of…
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Russia's National Welfare Fund increased in 2020

MOSCOW, 13 Jan – PRIME. The volume of the Russian National Welfare Fund (NWF) for 2020 increased in rubles by 5.773 trillion, to 13.546 trillion rubles, and in dollars – by 57.8 billion, to $ 183.358 billion, the Ministry of Finance said. The volume of the NWF…
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Bank of America named the most promising Russian stocks for 2021

2021-01-13T17: 28: 00 + 03: 002021-01-13T17: 31: 11 + 03: 002021-01-13T17: 28: 00 + 03: 002021 https://1prime.ru/Financial_market/20210113/832800588. html Bank of America named the most promising Russian stocks for 2021 MarketsNewsru-RU They were listed by the chief economist of the bank in Russia Vladimir Osakovsky during … PRIME, 01/13/2021bank of america, forecast, stocks, news, finance…
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The Ministry of Finance placed OFZs for 10.15 billion rubles

MOSCOW, 13 Jan – PRIME. The Ministry of Finance of Russia placed at an unlimited auction federal loan bonds (OFZ) with a constant coupon yield of the 26236 series maturing in May 2028 for 10.15 billion rubles with a demand of 15.31 billion, the ministry said. The cut-off price was 99.22% of the nominal, the weighted average price was 99.2736% of the nominal. The profitability on the…
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