CORRECTED-MNI: Fed's Hammack-Near Or At Time To Slow Rate Cuts

MNI BRIEF: Fed's Goolsbee Sees Rates Fair Bit Lower In A Year

CANADA JOBLESS RATE +6.8% VS FORECAST +6.6%, PRIOR +6.5%

MNI China Daily Summary: Friday, December 6

MNI: PBOC Net Drains CNY288.1 Bln via OMO Friday

MNI: PBOC Sets Yuan Parity Lower At 7.1848 Fri; -1.64% Y/Y

MNI: UNIV OF MICHIGAN CONSUMER SENTIMENT PRELIMINARY DEC INDEX 74.0

CANADA NOV IVEY PURCHASING MANAGERS INDEX 52.3 SA

EZ/UK Bond Supply Calendar: Austria, UK Auction on Tuesday

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

RUSSIA: Mandatory FX Sale Requirement for Exporters Eased

RUSSIA
  • The government has eased the requirement for mandatory FX sales by major exporters, according to statement in Telegram cited by Bloomberg. Exporters are now allowed to deposit 60% of foreign currency received from exports instead of at least 80% previously.
  • The CBR’s Business Climate Index fell to 10.4 points in June from 11.2 points in May due to worsening expectations, but still remained near 12-year highs, pointing to the continued expansion of business activity, Kommersant report. CBR monitoring also showed that costs are growing and respondents' inflation expectations have surged.
  • Russia's State Duma unanimously passed the government's package of bills on major tax changes in the first reading Thursday, Vedomosti report. For the second reading, the Duma Budget Committee plans to discuss other, more targeted changes, such as the parameters for the introduction of VAT for small businesses.
BulletEM BulletEmerging Market News
BulletEM BulletEmerging Market News

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.