Archive for September 2010

Russia investing 47bn roubles to improve transport safety

Sep 14th, 2010 | By | Category: Rouble News

Between now and 2013, diagnosis a total of 46.7 billion roubles will be spent on developing and maintaining a complex system to improve safety on all forms of transport across Russia. The country's railroads will receive 2.7 billion roubles, website like this which will go towards improving the security of railroad lines across the country. [...]

Russia's bond market boosted by risk-averse banks

Sep 7th, 2010 | By | Category: Central Bank, Rouble News

While the stock market in Russia has had a poor summer, dosage the country's bond market has picked up thanks to its risk-averse banks. Earlier this year, Russian state Eurobonds due to mature in 2020 were issued at a price of 99.3 to par. They dropped as low as 92.5 in May as investors sold [...]