Alpari has today announced that it has resumed trading in USD/RUB following a brief outage which lasted a matter of days due to low liquidity in Russia’s sovereign currency and difficulties currently faced by the Russian economy.
A plethora of companies, including Alpari, have taken cautionary measures in order to prevent exposure as a result of the current circumstances, with some firms electing to reduce the maximum leverage to as low as 1:5, and others ceasing ruble trading altogether, with FXPro having been the first of the firms which suspended ruble trading to resume business activity in ruble pairs.
Alpari continues to search for new liquidity providers for the USD/RUB pair, however as of today, clients may continue trading in this instrument.
To read the full announcement from Alpari, click here.