On August 3, the Moscow Exchange began trading bonds with settlements in Chinese yuan. The new instruments are aimed at the widest range of investors using the Chinese currency and financial products denominated in it. The first securities available to investors were two issues of 5-year Rusal (Russian aluminum company, one of the world’s largest
British Tax Service Ceased Recognizing Moscow Stock Exchange Status
The British Tax and Customs Administration (HM Revenue & Customs) has deprived the Moscow Stock Exchange (MOEX) of the status of a recognized stock exchange since May 5, 2022. This is stated in a message distributed by the department on Thursday, May 5. “On May 5, 2022, HMRC revoked the initial inclusion of the Moscow
Russian Most Popular Social Network’s Receipts Rose in Price by Almost 40%
Global depositary receipts (GDRs) for the VK (VKontakte) social network shares continued their growth on the Moscow Stock Exchange on Wednesday morning, March 30, adding almost 40 per cent in price after the resumption of trading the day before. By 10.21 am, VK receipts on the Moscow Stock Exchange rose in price to 699.8 rubles
Russians Cut Savings in Foreign Currency
Over the past seven years, the share of Russians who have savings in foreign currency has been systematically decreasing, so that by the end of 2020 it decreased threefold to 6 per cent (compared to 19 per cent in 2014), according to the experts from the NAFI Analytical Centre. Specialists have found out that respondents
Most Russians Associate Exchange Investments With Income and Profit
Specialists from the SuperJob job search service interviewed Russians to find out their understanding of exchange-traded investments. It turned out that the assessment of the difficulty of investing among Russians who have experience of playing on the stock exchange is lower than among those who have no such experience. Thus, the difficulty of investing on
Russians Disapprove Lowering Age Limit for Trading on Stock Exchange
The First Deputy Chairman of the Bank of Russia, Sergei Shvetsov, offered to allow playing on the stock exchange from the age of 12. The majority of Russians (77 per cent) do not approve of such initiatives, which follows from the results of a survey conducted by specialists from the SuperJob job search service. According