Russia s largest mobile
operator MTS has extended the deadline on a proposed
buyback for foreign shareholders by three weeks to June 18, it
said on Monday of a deal that could allow Western investors.
The Russian rouble fell to
its weakest against the U.S. dollar since late October on
Thursday, hampered by the Russian state s significantly lower
foreign currency sales this month. .
The Russian government will
compensate banks that offered loan holidays to soldiers while
they fight in Ukraine, according to legislation passed on
Tuesday, covering 50% of the interest accrued on.
President Vladimir Putin is set to
extend his 24 years as Russia s paramount ruler in an election
on March 15-17 and has promised more than 11.5 trillion roubles in infrastructure and social spending. -March 11, 2024 at 07:53 am EDT
- MarketScreener
Russia s promising economic growth in
2023 does not mean it is sustainable, First Deputy Prime
Minister Andrei Belousov said on Tuesday, pointing to various
economic challenges including subdued. -February 27, 2024 at 12:06 pm EST
- MarketScreener