Tag: russian market

April 09, 2015 BY Maria Nikolova

Russians lost RUB 2 billion because of financial pyramids in 2014

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…

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March 17, 2015 BY Maria Nikolova

Moscow Exchange launches trading with CNY/RUB futures

Moscow 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…

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