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budget expenditure exceeds its income, which is mainly financed mainly by the Reserve Fund. In the course of this transition to surplus, money market rates

Russia Board of Directors has recognised that, as a result of the Reserve Fund spending to cover budget deficit, banks show decreased demand for the

10.2009 2.50 Required reserve ratio Required reserve ratio Required reserve ratio Required reserve ratio Required reserve ratio Required reserve ratio on legal entities

Bank of Russia Ordinance No. 3978-U, dated 9 March 2016, ‘On Required Reserves’ (becomes effective from 1 April 2016); Bank of Russia information letter No.

March 2016 has been released. The issue presents information on amended required reserve ratios. The Bulletin publishes a review of key indicators of the domestic

not be able to make transactions to invest pension savings or pension reserves, and the NPF's remuneration system shall not encourage them to take

Federal standard of actuarial practice ’Actuarial Valuation of Activities of Insurers. Insurance Reserves under Insurance Contracts Other than Life Insurance’. Deposit Insurance Agency Section publishes

10.2009 2.50 Required reserve ratio Required reserve ratio Required reserve ratio Required reserve ratio Required reserve ratio Required reserve ratio on legal entities

the register of owners of investment units of the fund, ADT — Pension Reserves Fund, open-end mixed investments unit investment fund managed by Management Company North-West

glut of oil, the slowing Chinese economy, combined with the US Federal Reserve rate hike, have triggered a further drop in the price of crude.