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Various Economic news
Moscow Times ^ | 12 May 03

Posted on 05/12/2003 8:37:44 AM PDT by RussianConservative

For the Record

The value of gold reserves held by the Central Bank was $3.736 billion on May 1, $1 million up from $3.735 billion on April 1, the bank said in a statement Thursday. (Reuters)

The country's foreign trade surplus rose to $5.62 billion in March from $4.63 billion in February, the Central Bank said Thursday. (Reuters)

Diamond giant Alrosa sold $394 million worth of diamonds in the first quarter, almost 44 percent more than in the same period last year, Interfax reported. In the first quarter, Alrosa exceeded the plan for extraction and sales of diamonds by 2 percent, its president, Vladimir Kalitin, said in an interview to be published in the May 12 edition of Profil magazine. (MT)

Fruit juice and dairy product manufacturer Wimm-Bill-Dann has sold bonds worth $150 million, UBS Warburg said Thursday. (Prime-Tass)

MDM Group is planning to issue a $150 million five-year eurobond, Alex Kochergin, MDM director of international business development, said Thursday. (Reuters)


TOPICS: Business/Economy; Extended News; Foreign Affairs; Russia
KEYWORDS: economy; russia; russian

1 posted on 05/12/2003 8:37:45 AM PDT by RussianConservative
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