The Bank of Russia has released details about how its Payment System will operate on May 11, including session times and continuous faster payment services. Cash in circulation stands at over eighteen trillion rubles according to recent data.
Clinton Avenue in South Plainfield will close from April 28 through May 2 for railroad crossing repairs. Detours for cars and trucks have been established while access remains open for local businesses.
Three New Jersey City University men’s volleyball players have been recognized by being named to this year’s New Jersey Athletic Conference All-Conference team following a standout season for their program. Juniors Marcus Pardasie and Amaru Perales made First Team while senior Alex Casais received honorable mention.
The College of New Jersey women’s tennis team claimed its forty-third straight NJAC title after defeating Rutgers-Camden. The team remains undefeated against conference opponents since joining the league.
The TCNJ baseball team ended its season with two losses against No. 11 Kean during senior day celebrations. Seniors were honored before closely contested games that saw strong performances but ultimately resulted in elimination from playoff contention.
New Jersey City University’s softball team concluded its regular season with losses to William Paterson. Both games saw strong offensive performances from individual players but ended in defeat for NJCU.
NJCU Gothic Knights have announced their athletic event schedule from April 27 to May 3. Highlights include baseball and softball Senior Days as well as track & field championships.
The Bank of Russia has announced changes in how banks assess risks when issuing loans for apartment building projects. The updated approach aims at more comprehensive evaluation throughout all stages of construction financing. New requirements will become mandatory starting October 1, 2027.
The Bank of Russia announced updates for how it holds fine-tuning auctions starting May 13. These changes aim at improving monetary policy efficiency by better aligning money market rates with the key rate.
The Bank of Russia reported a decrease in broad money supply for March due largely to postponed tax payments affecting organisational deposits. Annual growth rates for both money supply and lending have slowed, with credit remaining a key driver.