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Four more countries may soon accept Russia’s Mir payment-card

June 17, 2022 Vinayak Barot

New Delhi: Mir payment system cards may soon be accepted in four more countries, Olga Skorobogatova, First Deputy Chairperson of the Bank of Russia, told reporters on the sidelines of the St. Petersburg International Economic Forum. She did not specify the countries. “We have good news. In addition to the 10 countries that now accept Mir […]

Press conference by Russian Central Bank Governor Elvira Nabiullina

English

Russia is able to pay its foreign debts: Bank of Russia

June 11, 2022 Vinayak Barot

New Delhi: Russia is able to pay its foreign debts, Governor of the Bank of Russia Elvira Nabiullina said at a press conference on Friday. “From the point of view of financial resources, we have the possibility and the ability. We also have the desire to pay, and the Finance Ministry has shown all options. Typically, […]

English

Bank of Russia Introduces Temporary Restrictions for Operations with Cash Currency

March 9, 2022 Vinayak Barot

New Delhi: The Bank of Russia on Wednesday informed that the Bank of Russia introduced temporary restrictions for operations with cash currency. Citizens can continue to keep funds in foreign currency deposits or accounts. Banks will not sell currency cash to citizens during the period of temporary restrictions. Citizens will be able to exchange cash currency […]