The official dollar rate set by the Russian Central Bank for August 14 is 32.1457 rubles, down 54.69 kopeks, the Central Bank said on Thursday.
Russia's largest truck producer KamAZ announced on Thursday net losses according to Russian Accounting Standards of 1.62 billion rubles ($50 million) in January-June 2009.
Prime Minister Vladimir Putin set out his agenda for the future of Russian business on Thursday at a meeting with entrepreneurs, promising less regulation and taxes and asking business to help plan its future.
Greek political leaders have finally struck a deal on new austerity measures demanded by creditors to secure a 130-billion euro bailout to avoid default and keep the country afloat, local media reported on Thursday.
The State Duma will invite political parties that have no parliamentary representation to discuss reform of the country’s political system on February 28, Oleg Morozov, deputy speaker of the lower house of parliament, said on Thursday.
Ex-Soviet President Mikhail Gorbachev is welcome to join but not head the grassroots protest group League of Voters, the organization’s founders said.