Russian Ministry of Finance

CIS countries could scrap dollar in several years - Kudrin

YALTA, November 20 (RIA Novosti) - CIS countries could drop the U.S. dollar in financial settlements and start using their national currencies within the next few years, the Russian finance minister said on Friday. Alexei...

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UPDATE 1-Russia to sell 30 tonnes of gold to c.bank

By Darya Korsunskaya MOSCOW, Nov 18 (Reuters) - Russia's state repository Gokhran will sell 30 tonnes of gold to the central bank in 2009 instead of offering it to the market, Russia's finance minister said on Wednesday, adding...

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Bank of Russia poised to purchase gold

MOSCOW, Nov. 16 (UPI) -- A Bank of Russia spokesman said the central bank was ready to buy whatever gold the the State Depository for Precious Metals and Gems has for sale. "In certain conditions, we will be ready to buy...

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Russia’s significant seven

Andy Potts Power in Russia is split between four traditional factions - old-school siloviki, post-Soviet liberals, big business and the church. That's according to Forbes magazine, whose power list surprised nobody by naming...

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Tax-News.com: Russian Govt Approves Draft Transfer Pricing Law

Russian Govt Approves Draft Transfer Pricing Law, by Tatiana Smolenskaya, Tax-News.com, Moscow The Russian government has approved a draft law on transfer pricing ready for its first reading in the Duma before the end of the...

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APEC ministers sum up recovery

Nov 12 - Finance ministers take a punch at describing the economic recovery in one word or sentence. The consensus among 21-member Asia Pacific Economic Cooperation (APEC) finance ministers was that the economic situation is...

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U.S. and China Seek Middle Ground on Currency Dispute Ahead of Obama Visit

By Jason Simpkins Managing Editor Money Morning The currency dispute between the United States and China has often reached a fevered pitch over the past decade, but both nations have softened their stance ahead of U.S....

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Pacific Rim Skeptical on Dollar

By SINGAPORE -- Bloomberg News U.S. Treasury Secretary Timothy Geithner speaks at the APEC Finance Ministers' Meeting. "It is very important to the United States that we have a strong dollar," U.S. Treasury Secretary Timothy...

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Russia Pitches Debt at London Meeting

By Alex Anishyuk The St. Petersburg Times MOSCOW — Finance Minister Alexei Kudrin led a government delegation Thursday to meet investors in London for a “non-deal road show” to discuss a planned issue of $17.8 billion in...

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Kudrin Considers Exit Tactics

MOSCOW — Finance Minister Alexei Kudrin said Saturday that it was time to begin discussing the eventual withdrawal of economic stimulus packages, after his G20 colleagues pledged to keep their support in place until a global...

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