fbpx

Today in Russian Business – March 9th, 2009

Has Russia been impressed by Britain’s handling of the banking crisis?  This report says the finance ministry was particularly impressed with Credit Suisse’s advice on Royal Bank of Scotland.  Russia could spend half of its current foreign-currency stockpile to defend the ruble this year.  Dmitry Medvedev says that the financial crisis has not dented the Kremlin’s desire to make Moscow a global financial center.