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Russia forgave Africa debt at $20 billion

Moscow over the past 15 years has written off debts of African countries worth more than $20 billion this was stated by Minister of foreign Affairs of the Russian Federation Sergey Lavrov, speaking at a Forum of young diplomats of the Asia-Pacific region, which takes place in the framework of …

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The savings Bank has lost $1 billion in Turkey

Sberbank continues to reduce the overseas business, which brings his losses on the background of U.S. sanctions and the European Union. Until the end of the year the largest state Bank of the Russian Federation will get rid of its “daughters” in Turkey. Denizbank will go to one of the …

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The Central Bank lost $4.5 billion playing on the dollar

Transactions of the Bank of Russia on the international currency market in 2017 turned the shock on reserves. Central Bank erroneously assessed the dynamics of the Euro against the dollar and suffered billions in losses due to exchange rate differences. During the year the Bank sold almost a third of …

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Russia can take away $ 100 billion

Russia in January 2018 and reduced the volume of investments in U.S. bonds for $ 5.3 billion, the report said the U.S. Treasury published on the official website of the Department. Russian investments amounted to $ 96,9 billion in December 2017, they were more — $ 102,2 billion. However, in …

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