Bank of Russia axes key interest rates to 11.50%
The regulator blamed its decision on risks of Russia's economy cooling and on weakening inflation risks.
Read moreThe regulator blamed its decision on risks of Russia's economy cooling and on weakening inflation risks.
Read moreLeapRate's Russian editor Maria Nikolova explains why high interest rates and rapid inflation benefit indebted commercial enterprises, and provides a profound economic lesson learned by purchasing a plastic cup for 3,000 rubles
Read moreAs a result of government rulings, the OTC Forex market will be closed in Belarus, with the single body to be allowed to trade in it over the following two years being the central bank of Belarus
Read moreAlpari has confirmed that it has resumed trading in the USD/RUB pair as of today
Read more“We will not be forcing anyone to sell their foreign currencies or profits denominated in foreign currencies. There will be no directives and orders to sell foreign currencies in Russia.” - President Vladimir Putin
Read moreAlpari RU has now replaced staged leverage on ruble pairs to a fixed 1:10 regardless of notional volume, echoing the actions of several FX firms today, and the proposed plans of many more
Read moreCan FX trading in Russian currency be spurred by broad economic factors in Russia, especially bearing in mind the circumstance that surrounds one of Russia's main commodities and the industry that produces and refines it: oil. Paul Orford reports.
Read moreThe voice from within: LeapRate investigates as a series of FX brokers begin to review the leverage offered on ruble pairs. What is the industry's perspective?
Read moreThe ruble fell past 38 against the dollar on Tuesday as weakness continues...
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