Ruble Slides to Five-Week Low as Russia Limits Supply of Dollars

The ruble slid to a five-week low as the central bank suspended some foreign-exchange auctions, stepping up measures to counter this year’s biggest currency rally.

Rosneft Said to Ask State for Up to $42 Billion After Sanctions

OAO Rosneft (ROSN) asked the state for as much as 1.5 trillion rubles ($42 billion) of aid, a government official said, signaling a U.S. ban on long-term loans to Russia’s largest company is starting to bite.

Russia may revise 2014 GDP forecast upwards - economy minister

(Reuters) - Russia's gross domestic product growth forecast of 0.5 percent for 2014 may be revised upwards in September due to the slowing pace of a decline in investment, Economy Minister Alexei Ulyukayev said on Thursday.