| September 2009 |
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The GAZ Group, Russia's largest manufacturer of light commercial vehicles, plans to dismiss 14,000 employees by the end of 2009, a Healthcare and Social Development Ministry spokesman said on Thursday.
Russia's leading services corporation AFK Sistema posted on Thursday a U.S. GAAP net loss of $149.25 million in the first half of 2009 against the first six months of 2008.
The official dollar rate set by the Russian Central Bank for September 18 is 30.3881 rubles, down 21.86 kopeks.
Russia will avoid a second wave of the economic crisis if the global economy remains stable.
Russia's gold and foreign currency reserves increased by $6 billion, to $410.9 billion, in the week of September 4 — September 11.