At the beginning of business today, ruble balances at commercial bank correspondent accounts increased considerably. Across the country, the growth was RUR32bn (about $1.01bn); in the Moscow region, the advance amounted to over RUR29bn (about $912.40m). This morning, balances at commercial bank correspondent accounts reached RUR170bn (about $5.35bn) throughout Russia and RUR112.5bn (about $3.54bn) in Moscow. Such a significant amount of ruble balances, as well as such a considerable one-day advance, has been registered for the first time since the beginning of January 2002, which was twelve month ago.
This led to an elimination of a ruble deficit noticeable at the end of 2002. Consequently, the situation with ruble liquidity improved significantly. The absence of ruble resources at commercial banks is currently testified to by a minimal level of one-day credit rates below 3 to 4 percent, while on December 31, 2002, one-day ruble credit rates amounted to 15 percent.
There are legitimate authorities in Donetsk and Luhansk republics now, with which Russia can implement the project of the economic integration of the Donbass
One hundred years ago today ended the most grueling of wars involving disgusting conditions for soldiers and at least 17 million deaths. We learnt nothing.
Russia has been developing an energy module on the basis of the megawatt-class nuclear power plant since 2010. The spaceship needs neither sunlight nor solar batteries