Macro advisory in moscow. He said the situation for the russian currency is unique. You should not be looking at it in the same way as if there was a slide in a normally functioning economy or a european economy. The rouble is entirely managed now by the central bank in conjunction with the Finance Ministry, and has been since we last saw the rouble collapse down to about 130 in march of last year. So the Central Banks priority last year was to keep the Rouble Exchange rate high at around 60, because it was tackling inflation, but this year, because of the sanctions impact and because that has led to a big hit on the value of russias oil exports in particular, they have devalued the rouble in order to compensate for that fall in dollar terms. In other words, weaker rouble translating dollars into a higher rouble amount to balance the budget. Thats been the priority this year. It doesnt reflect an imminent crisis. Sort of a broad collapse in the economy. Its the result of the central Ba
Got to have somewhere to deposit it. So the rules that were announcing also cover the ability of businesses to deposit cash in a location thats convenient to them. But convenience is a difficultjudgment. To maintain the current provision of free access to cash, for now, the new rules will state that people should have to travel no more than a mile in urban areas to withdraw or deposit cash. In rural areas, the distance has been set at three miles. Theres going to be situations where people are very reliant on Public Transport and if theres bad Public Transport in an area, then three miles might seem like a hike to the himalayas. Whats important is that this recognises that the banks have a duty to protect their customers and to make sure that those who still rely on cash, which is so many of us, continue to be able to access it. If they fail in that duty, banks could be fined by the city watchdog. But Bank Branches are closing at a rate of more than 50 a month. So, the answer may be Ba
Convince us men what we have to do and what we dont have to do. Just do it. With me, with fifa, you will find open doors. Just push the doors. They are open. And do it also at the National Level come in every country, in every confederation. Just keep pushing, keep the momentum, keep dreaming. Bayern munich head coach Thomas Tuchel has been singing the praises of harry kane ahead of his bundesliga debut tonight. The german champions are away to werder bremen, with the england captain portraying a positive influence at the club already. My First Impressions of harry are fantastic. He is a top professional. The quality is outstanding and hes a fantastic human being. He is very open, his first on the training pitch, he is open in the Dressing Room. I think he has an immediate effect in the Dressing Room with his personality, with his approach to football, his love for the game. Chelsea have announced the signing of another midfielder. Romeo lavia joins from southampton for an initial 53 M
Chelsea for a british record fee of £115 million. Information released concerning thousands of members of the Police Service in Northern Ireland is in the hand of dissident republican groups. A document posted on a wall in best belfast allegedly shows some of the information from the data breach. The Chief Constable of psni is if simon byrne. We breach. The Chief Constable of psni is if simon byrne. Is if simon byrne. We are confident this set is in is if simon byrne. We are confident this set is in the is if simon byrne. We are confident this set is in the hands is if simon byrne. We are confident this set is in the hands of this set is in the hands of dissident republicans and it is a Planning Assumption they will use this list to intimidate and target officers and staff. I wont go into detail, for operational reasons, but we are working around the clock to assess this risk and take measures to met gate it. Sara girvin is in belfast. This is the news that everyone was dreading . Thi
The skyscrapers are in moscow. You will remember that is an area that has come under attack twice at the beginning of this month. No casualties reported. Russian media showed damage to an Exhibition Centre in that area, west of the city centre. But it wasnt completely clear whether that damage was caused by debris from the drone falling, or whether actually, the drone hit its target. Drone attacks in areas around moscow are relatively common. In fact, we hear almost every day about drones being shot down or drones being discovered on the ground. But it is relatively rare for a drone to get this far into the city centre and this close to the kremlin itself, about three miles away was where this incident took place. You will remember at the beginning of may, the kremlin itself was attacked by two drones. Well have more later on the use of joes by ukraine in the war with russia. Saudi arabian officials have confirmed that the British Government has invited Crown Prince Mohammed Bin Salman