The sale is part of the Russian government's efforts to privatize some state assets to help balance the budget amid a two-year recession.
Anton Siluanov, Russia's finance minister, discusses the oil market ahead of OPEC's Algeria meeting next week.
Elvira Nabiullina, governor of the Central Bank of Russia, says the country's high interest rate is not the limiting factor on new investment.
Rabobank Currency Strategist, Piotr Matys, talks about the current state of Russia’s economy and its ruble currency.
Gold remained above a three-week low on Thursday, as the dollar and European shares fell.
Central Bank of Russia governor, Elvira Nabiullina, tells CNBC how her decision-making is affected by Federal Reserve policy and a possible Brexit.
Central Bank of Russia Governor, Elvira Nabiullina, says the bank has had discussions on how to deal with the aftermath of a possible Brexit.
The Russian central bank has cut its key interest rate by 50 basis points to 10.5 percent. CNBC’s Julia Chatterley reports the key details, while looking at market reaction.
The Russian central bank has left its key interest rate unchanged at 11 percent. Stroz Friedberg senior associate, Vadim Nikitin looks at the results and where the economy is now heading.
Peter Kinsella, head of EM economic & EM FX research at Commerzbank, looks at the Russian central bank and how the oil price and sanctions impact their future decisions.
Kirill Yankovskiy, director of equity sales at Otkritie Capital, discusses whether or not Russia's central bank will cut interest rates today.
Russian shares took a double whammy from sanctions and oil, but the market now offers "the bargain of the century," Templeton's Mark Mobius said.
The Russian central bank holds interest rates at 11 percent and says inflation risks remain high.
Vadim Nikitin, senior associate of Stroz Friedberg, explains what Russia needs to do to attract investors once more.
Joseph Dayan, managing director and head of markets at BCS Financial Group, says Russian policymakers' ability to manage a crisis doesn't mean its an attractive destination for business and investment.
Nina Khrushcheva, international affairs professor at The New School, discusses affairs in Russia with a falling currency.
Andrey Kostin, president of VTB Bank, comments on the possibility of the Russia government selling its stake in Sberbank and VTB, and says he is prepared to work with any shareholders.
Russia's Economy Ministry has changed its 2016 forecast to predict economic contraction, a draft document showed on Friday.
Jesse Sherman, portfolio manager at RenAsset Management, discusses Russia’s outlook in relation to the ruble and weak oil prices.
Vadim Nikitin, senior associate at Stroz Friedberg, discusses Russia’s “anxiety” surrounding the economy and the central bank’s decision to keep rates on hold.