Balances of correspondent accounts at Russian commercial banks gainedconsiderably at the beginning of business today. This increase amounted tosome 13bn rubles (about $412m) throughout the country and to 11bn rubles(about $348m) at commercial banks in the Moscow region. This advance hasbeen the largest since August 1, i.e. for nearly a month. As a result thebalance of correspondent accounts at Russian commercial banks amounted to93.774 billion rubles (about $2.97bn) as of the beginning of business onAugust 30. The balance of the correspondent accounts at the banks in theMoscow region reached 58.012 billion rubles (about $1.84bn). These figureshave been the highest over the past two months, since July 2. Nevertheless,commercial banks have experienced serious problems with ruble liquidity inthe first half of the day. Evidence of this fact is high ruble creditrates. The one-day ruble credit rate is from nine to twelve percentcurrently. Taking into account the coming two days off, July 31 andSeptember 1, the overnight credit is in fact 27 percent to 36 percent,experts of a commercial bank said in an interview withRosBusinessConsulting..
The discovery of the submarine has unveiled a few "inconsistencies." For example, how can one explain the fact that the sub was found where it needed to be searched for from the start?
When on a state visit to Singapore, Russian President Vladimir Putin promised to revisit the discussion of the 1956 Declaration between the USSR and Japan regarding the issue of the peace treaty with Japan
The TurkStream, which runs along the bottom of the Black Sea from Russia's Anapa to Turkey, will consist of two lines, each with a capacity of 15.75 billion cubic meters of gas a year