Russia's Forex law, originally enacted in late 2014 and meant to protect Retail Forex traders in the country, might become tougher. A lot tougher. Although the law is now nearly two years old and was formally enacted earlier this year, amendments to the Russia Forex Law are still being considered by Russia's State Duma. And…
Read moreWork on the implementation of Russia's Forex law continues, with the first meeting of the Expert Board on OTC financial instruments and the protection of rights of individual investors held on August 26, 2015.
Read moreOne of the biggest jurisdictions in the world is still without a Forex law, as lawmakers remain reluctant to discuss the Forex bill. The second reading of Russia's Forex bill, which was supposed to be finally held yesterday, got postponed again. A protocol from a meeting of the Council of the State Duma (the lower…
Read moreThe State Duma has already been submitted a relevant bill banning and terminating the circulation of USD in Russia, APA’s Moscow correspondent reports. If the bill is approved, Russian citizens will have to close their dollar accounts in Russian banks within a year and exchange their dollars in cash to Russian ruble or other countries’…
Read moreDemand for ruble liquidity and the ever increasing access to yuan trading has boosted Moscow Exchange's volumes which outpace even the halcyon days of summer 2013.
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