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State support will allow increasing the production of domestic veterinary drugs in Russia. But in order to provide it, it is necessary to improve the current legislation in the field of drug circulation. These issues were discussed at a round table in the Federation Council. The meeting was chaired by Sergei Mitin, First Deputy Chairman of the Federation Council Committee on Agrarian Food Policy a...

Top 10 deposit and savings rates digest. Russiatoday must pay interest on Eurobonds worth $117 million. The Fed is expected to raise the key rate. notable events, How exchanges work On March 16, the Bank of Russia decided not to resume trading in shares on the Moscow Exchange from March 14 to 18. Transactions in the currency, money markets and the precious metals market will take place from 1........

Kuban exports grew by 34% in 2021 and amounted to $7.5 billion . This was reported to RBC Krasnodar in the regional department of investment and development of SMEs. The ministry noted that earlier it recorded a decrease in exports from $7.4 billion in 2019 to $5.6 billion in 2020. “In 2021, we are seeing a positive trend in terms of exports. There were already 1,648 companies supplying products a...

Last year, the export of natural wool, not carded or combed, amounted to 2.44 thousand tons, which is 60% higher than in 2020. The amount of transactions amounted to more than 3.7 million US dollars . Stavropol wool is exported to 6 countries of the world. The main volume is exported to China , India and Bulgaria. Also, in 2......

Searches were carried out at the homes of deputies who “illegally crossed or planned to cross” the state border of Ukraine,clarified in the GBR Employees of the State Bureau of Investigation (SBI) of Ukraine searched the homes of several deputies from the Opposition Platform - For Life (OPZZH) faction, the agency's press service reports. “SBI officers conducted searches at a number of people’s dep...

The fall of Asian indices continues for the second day in a row.Yesterday, the broad Chinese market experienced the biggest intraday crash since November 2008 Chinese Yuan/Ruble CNY/RUB₽17,616 -1,59% Buy Dollar/Ruble USD/RUB₽111,058 -2,67% Buy Asian stock indexes collapsed in trading on Tuesday. The Hong Kong stock index Hang Seng fell by 6.63% to 18,235.48 points. The Shanghai Stock Exchange SSE ...

Top 10 rates on deposits and savings accounts. Moscow Exchange will not trade shares until March 18. Decisions on dividends of state-owned companies will be made individually. notable events, How stock exchanges work On March 15, the Bank of Russia decided not to resume trading in shares on the Moscow Exchange from March 14 to 18. Transactions in the currency, money markets and the precious metals...

The Ministry of Finance instructed a US bank to start paying dollar coupons in the amount of $117 million on two external bonded loans. If USAwill not be allowed to pay out of the frozen reserves of the Central Bank,Western institutions may recognize Russia's default The Russian Ministry of Finance sent a payment order for the payment of a coupon on sovereign Eurobonds denominated in dollars. “On ...

Meat production is expected to decline in 2022 compared to 2021. The reason for this will be both a reduction in the number of cattle and pigs. On the other hand, the USDA still maintains its forecast for an increase in broiler production this year, although it will be much less than previously thought. The US Department of Agriculture is steadily lowering the forecast for pork production this yea...

The government instructed the largest state-owned companies not to fine suppliers and contractors for violating the terms of contracts due to sanctions,and change their terms and cost Andrey Belousov The government instructed state-owned companies in 2022 not to penalize suppliers in case of violation of obligations under contracts, if these violations were made due to sanctions. On March 6, First...

of the Top 10 rates on deposits and savings accounts. Moscow Exchange will not trade shares from 14 to 18 March. China tech stocks plunge amid COVID-19 outbreak. notable events, How exchanges work On March 14, the Bank of Russia decided not to resume trading in shares on the Moscow Exchange from March 14 to 18. Transactions in the currency, money markets and the precious metals market will take pl...

Euro exchange rate of the Central Bank EUR ₽132,958 — Dollar exchange rate Central Bank USD₽120,379 - Gold GOLD$1,998.8 -1.35%35% Russia has lost access to almost half of its gold and foreign exchange reserves, Finance Minister Anton Siluanov said on the Russia 1 TV channel. “We have a total amount of reserves of about $64......

The G7 countries have announced a new round of sanctions against Russia. The West will be able to raise tariffs on imports of Russian goods. Deliveries of Russian products to the USA$1.5 billion will be banned.Washington will deprive Russia of new cash dollars The G7 countries (G7: USA, Canada, Japan, UK, Germany, France, Italy) have announced a new round of economic sanctions against Russia. The ...

March 11, Minsk. US President Joe Biden has banned the sale of dollar bills to Russia by his decree, RIA Novosti reports."It is prohibited to export, re-export, sell or supply directly or indirectly from the United States, as well as from US individuals or legal entities, regardless of their location of banknotes denominated in US dollars, to the government of the Russian Federation or to any pers...

Banks must return to individual customers the commission that they received when issuing cash currency from March 9. From March 12, you can receive money from foreign transfers or electronic wallets only in rubles The Central Bank forbade banks to charge a commission from individuals when issuing dollars from deposits or foreign currency accounts until September 9, follows from a message on the re...

Major US indicesopened positively. The price of gas in Europe has fallen. As of 17:30 Moscow time, the main US indices are showing positive dynamics at the beginning of trading. The Dow Jones Industrial Average rose 0.77% to 33,428.07. The S&P 500 jumped 0.68% to 4288.47, while the NASDAQ added 0.71% to 13,231.17. American markets are showing positive dynamics against the backdrop of easing concer...

The Central Bank introduced limits for the withdrawal of foreign cash for six months for companies and individual entrepreneurs. They turned out to be tougher than those already introduced for citizens. But they assume the issuance of not only dollars, From March 10, Russian banks must follow the new rules for issuing foreign currency in cash to clients - legal entities and individual entrepreneur...

The dollar exchange rate of the Central Bank USD ₽105,812 – Euro exchange rate of the Central Bank EUR₽116,531 —531 - Rating agency S&P Global Ratings (S&P) announced the suspension of commercial activities in Russia. The agency will continue to provide information about the Russian markets to its clients. This was reported in a press release from S&P. Earlier, the rating agencies Fitch and Moody'...

to sanctions Due to Western sanctions, Russian banks began to show "acute problems" in the large corporate lending market - we are talking about issuing foreign currency loans in syndicates with foreign banks, according to a letter from the Association of Banks of Russia (ADB) sent to the Bank of Russia. RBC has a fragment of the document, its content was confirmed by a source familiar with the pr...

The Ministry of Defense reported that a Ukrainian helicopter had been shot down, and Ukrainian military men who had hidden were found at Azovstal.The main thing about the events around the special military operation - in the material of RBC * Main by 11:45 Moscow time The Russian Ministry of Defense announced the destruction of Ukrainian military equipment and areas of concentration of manpower, i...

Russia is reducing the use of the dollar in reserves and external settlements and is switching to non-Western capital markets, and taking other measures in the face of sanctions. Dmitry Birichevsky, Director of the Department of Economic Cooperation of the Russian Foreign Ministry, told RIA Novosti about this. Moscow is working to provide reliable and secure channels for the transmission of financ...

The Russian currency has been weakening lately amid tough Western sanctions.Among them, the freezing of assets of the Central Bank and the disconnection of some banks from SWIFT USD/Ruble USD/RUB₽105,000 -0,95% Buy Euro/Dollar EUR/USD$1,111 +0,18% Buy Euro/Ruble EUR/RUB$118,993 +1,18% Buy At the auction on March 8 on the international Forex market, the dollar exchange rate against the ruble at the...

How will the digital asset industry develop after the fall of confidence in centralized crypto exchanges and how does this threaten the traditional financial system The latest events taking place in the world can affect the attitude of people towards cryptocurrency technologies. At the same time, blockchain and other technologies have not changed in any way since the beginning of geopolitical uphe...

against Russia affect its energy sector. Sub-sanctioned banks such as VTB and Sberbank, The US Treasury provided explanations on how the US sanctions against Russia, which have been tightened in the past two weeks, affect its energy sector, in particular, trade in Russian energy resources in dollars. Earlier, the agency issued a general license that excludes transactions involving sanctioned Russi...

Argentina is moving forward to strengthen its position as a major player in the "World Championship" for pig farmers. As in football, the country is vying with Brazil in South America to win the global preference for its pork. Over the past 2 decades, the numbers have been outstanding. Between 2002 and 2......

Weekends on the Moscow Exchange and St. Petersburg Exchange. Top 10 rates on deposits and savings accounts. Fitch downgraded the ratings of 26 commodity companies and 32 Russian banks. notable events, How Russian exchanges work in the coming days The Moscow Exchange will not trade in all sections on March 5, 7 and 8, the trading floor announced on its website. March 6 is a national holiday. SPB Ex...

Participation in Gulfood turned out to be more profitable than exporters even expected. Brazil's participation in Gulfood was initially seen as a factor that could boost food exports by $450 million over the next 12 months, but it has evolved into something much more. According to the Brazilian Animal Protein Association (ABPA), in the poultry industry alone, the sector's expected results in 2.......

Clients experience problems with the issuance of currency in banks. They complain about the lack of money, delays in issuance even with pre-order and commission. Clients of Russian banks complain about the difficulties with withdrawing cash in the branches of credit institutions. Problems are noted not only with sanctioned banks. For example, users of the banki.ru portal write about this (1, 2, 3,...

The European Union has banned the sale and delivery of euro banknotes to Russia.The restriction will not affect tourists and diplomats The European Union has banned the sale, supply, transfer and export of euro banknotes to Russia, according to the EU Legislation Portal. “It is prohibited to sell, supply, transfer or export banknotes denominated in euros to Russia or to any individual or legal ent...

The Government of Pakistan has for the first time developed a livestock development policy in the country. In the next decade, Pakistan plans to become a major halal food exporting country. The new livestock policy in the country has been approved and is ready for implementation in the coming years. Currently, the country's meat exports are worth $29......