Browsing: finance

Russia’s foreign currency reserves have continued to grow, surpassing $593 billion as of December 22, the country’s central bank has reported. 

Ukrainian Prime Minister Denis Shmygal has sent a letter to an international group coordinating funds, to request an emergency meeting with Western donors, as Kiev confronts “exceptionally high uncertainty” over its budget, Bloomberg reported on Thursday.

Shares in Raiffeisen Bank International (RBI) rallied around 12% on Wednesday shortly after the banking group announced plans for its Russian unit to purchase a stake in Austrian construction giant, Strabag.