Tag: Ignatiev

Ignatiev Sees Russian Easing Hindered by Economy’s Crosscurrents

Economy, Business, Investment, Trade
File Photo of Cash, Coins, Line Graph

(Bloomberg – bloomberg.com – Scott Rose -June 5, 2013) Russia’s central bank faces a “very difficult choice” when it meets next week to review interest rates as conflicting economic data undermine the case for monetary stimulus, outgoing Chairman Sergey Ignatiev said. “The decision won’t be simple because the situation in the economy isn’t that simple,” Ignatiev, who steps down as […]

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Russian Capital Flight Continues Unabated – Central Banker

Economy, Business, Investment, Trade
File Photo of Cash, Coins, Line Graph

(RIA Novosti -ST. PETERSBURG, June 5, 2013) ­ Russian capital flight remains rampant, with no signs of slowing down, Central Bank chief Sergei Ignatyev said on Wednesday. “Unfortunately, capital outflow remains very high, I dare say. No fall in this trend can be seen,” Ignatyev said. He made headlines in February when he claimed a small group of well-connected individuals […]

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