Tag: Russian ruble

November 05, 2014 BY Mike Fox

Russia may ban circulation of US dollar

The 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’…

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September 02, 2014 BY Mike Fox

Russia's currency has now hit all time lows

While the Ruble is breaching government mandated price controls; Russian Central Bank heads are still keen to proceed with plans to remove currency controls which analysts say in the long run with be net positive for the Russian economy

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August 01, 2014 BY Mike Fox

New records set for Yuan trading on Moscow Exchange...

Record volumes have been posted in trading of the Chinese Yuan/Russian Ruble (CNY/RUB) on Moscow Exchange's FX Market. The trading volume on July 31st was CNY 665.6 mln (RUB 3.8 bln), the largest daily volume since the launch of yuan trading on Moscow Exchange in late 2010. Trades were made in all CNY/RUB instruments: spot…

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April 01, 2014 BY Gerald Segal

Moscow Exchange: Turnover increases 50% YoY in March

FX market turnover in February was RUB 23.0 trln (more than double March 2013's RUB 10.1 trln) FX market turnover on the Moscow Exchange in March was RUB 23.0 trln (more than double March 2013"s RUB 10.1 trln), including spot trades of RUB 7.3 trln (32% of the total) and swap trades of RUB 15.7 trln (68%). The FX market's average daily turnover was…

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