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The Central Bank of Russia acquires the Saint Petersburg Currency Exchange: goals, consequences and prospects

... Bank do this? In the context of sanctions pressure and restrictions on the international market, the Central Bank needs to maintain access to currencies to meet the needs of the economy and ensure the stability of the ruble. The creation of its own currency platform allows solving the problem of the availability of foreign exchange transactions, minimizing the impact of international restrictions. Thus, the Central Bank can effectively respond to changes in the economy, regardless of the foreign policy situation. The purchase of the exchange can also be part of a long-term strategy to reduce dependence on the dollar and stimulate transactions in other currencies. This is ...

Russia has found a way to maintain gas supplies to Europe bypassing sanctions.

... vilified and accused of supporting Russia. Now, adopting the new scheme politically will be easier. However, from a practical standpoint, it will be more difficult for European companies because there are fewer banks in Russia that can accept foreign currency without violating US sanctions,” says Yushkov. “The decree effectively cancels Gazprombank’s monopoly on export payments. This sector is now deregulated, but the problem is that other Russian state banks remain under sanctions. Therefore, unfortunately, there could still be issues with making payments, as well ...

How to Acquire Foreign Currency Online

... leveraging can be wisely used. In this case, it is crucial to select a competent broker with a solid reputation in the market. Checking reviews and company documentation is essential. Broker ratings can also be found online, providing insight into their effectiveness. Internet Banking Most banks offer clients the ability to conduct transactions via their website or mobile application. The essential prerequisite is to open a currency account beforehand. After the exchange, funds will be credited to this account. The exchange process is fairly straightforward. It is not much different from making a standard transfer from one account or card to another. The exchange rate is ...

Analysis of PJSC Gazprom's RAS Report for the First Half of 2025

... activities became profitable again, bringing the company's performance closer to the level necessary for a return to net profit. This is a significant achievement amid an ongoing challenging market situation. Other Income and Expenses: Volatility and Currency Effects Despite the improved operational results, volatile other income and expenses continued to impact Gazprom's net profit. In the H1 2025 report, these items remained substantial in absolute terms, reflecting the influence of exchange rate fluctuations,...

Where to Invest One Million Rubles: Medium-Term Investments

... global financial instruments (with currency hedging considerations). In any case, the key is to diversify among asset classes, currencies, and timeframes. Remember about tax incentives: IIAs and deductions of 13–15% can help increase net yields on bonds ... ... news and analyses. Explore available investment tools and plan your portfolio in advance so that your million rubles work more effectively and secure your future well-being.