Tag: Ruble

November 03, 2016 BY Mike Fox

Dukascopy launches EUR/RUB currency pair for trading

It was just announced today from Swiss Forex Bank and Marketplace Dukascopy they have expanded their range of FX instruments. Available now Euro to Russian Ruble (EUR/RUB) has been added on live trading platforms. Maximum leverage on EUR/RUB is set to 1:10. The new currency pair is available only for self traders' accounts.

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July 06, 2016 BY Mike Fox

CME set to replace Ruble reference rate to Moscow Exchange

CME Group (CME) is set to use the official Moscow Exchange (MOEX) reference rate for Russian ruble contracts come Sunday July 17th. Since 1998 after spot auction currency trading at the Moscow Interbank Currency Exchange (MICEX) was suspended, the Chicago Mercantile Exchange and EMTA (Emerging Market Traders Association) began publishing a Ruble/Dollar exchange rate. CME and EMTA established…

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May 19, 2016 BY Mike Fox

Russia's Sberbank deploys new electronic trading platform

Russian bank Sberbank today launched a new electronic trading offering within its investment banking division. The platform is called Sberbank Markets and supports multiple asset classes and streamlines trading, trade confirmation and settlement. Sberbank claims this will lead to lower processing costs. Sberbank Markets provides the bank's clients with access to Sberbank's FX liquidity, offers…

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February 08, 2016 BY Mike Fox

Bank of Russia says banks will need more capital for FX lending

In a bid to protect the banking sector from possible further ruble declines, The Bank of Russia officially suggested over the weekend setting increased risk ratios on FX loans and debt investments to ensure additional capital coverage of currency risks of the banking sector. In particular, an increased risk ratio equal to 1:1 is envisaged to be imposed on…

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January 20, 2016 BY Mike Fox

Ruble slides past 80 and hits all-time low against dollar

The Russian ruble weakened to an all-time low in the high 79-80 range to the dollar Wednesday, with some anticipating an even further decline amid cheap crude oil prices and Western sanctions over Ukraine. The ruble has lost over half its value against the greenback in the last two years, dropping past the previous low from December 2014. Russia…

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November 05, 2015 BY Mike Fox

Swissquote adds Ruble and Yuan pairs plus various CFDs to product line

Swissquote, Switzerland’s leading online bank, announced the addition of two new currency pairs and eight forward CFDs to its already diverse range of trading products. Swissquote’s decision to offer the offshore Chinese Yuan and additional Russian Ruble cross comes at a time of significant fluctuations for these currencies and is the bank’s response to increasing demand from traders looking…

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