Russians said goodbye to approximately RUB 2 billion (USD 38m) of their personal funds last year because of the activities of financial pyramids in the country. The gloomy estimate was unveiled by Sergey Shvetsov, first deputy governor of the Bank of Russia, in an interview with TV channel Russia-24. Mr Shvetsov, who is also known…
Read moreMoscow Exchange, the leading marketplace for trading currencies and derivatives in Russia and the Commonwealth of Independent States, is enhancing its trading instruments lineup. Starting today, March 17th, the venue offers its clients to trade futures contracts on the pair Chinese Renminbi/Russian Rouble (CNY/RUB). In its announcement, the Exchange says the main rationale for the…
Read more"News about the de-escalation of the (Russia-Ukraine) conflict should be taken well by market participants," Grigory Birg, an analyst at Investcafe said to Reuters.
Read moreCFH Clearing sees the potential of great presence in Russia, going full speed ahead with an investment in resources and infrastructure to double its business in the region.
Read moreGorlov, from ad agency Foba, will be charged with the development of standards and corporate ethics rules in FX advertising
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