Russian Financial Control Monitor

MOSCOW. From August 9, 2013, the securities of Absolut Bank (ABSB-ES-1) will be admitted to trading in the stock section of the St Petersburg Currency Exchange (SPCEX). 'Absolut Bank has recently changed its form of business ownership from a closed to open joint-stock company and has become a public company,' said the bank’s CEO Andrei Degtyarev. 'This implies an increase in transparency and openness for investors. The decision was made to ensure the liquidity of its shares.'

MOSCOW. Russia’s gold and foreign currency reserves fell 0.2% last month, to $512.834bn on August 1 from $513.772bn on July 1, reported the Central Bank. In the first six months of the year, the reserves diminished 4.6% from $537.618bn on January 1.

2023-10-08 11:42:18