Found: 145

The Central Bank of Russia acquires the Saint Petersburg Currency Exchange: goals, consequences and prospects

... stabilizing the ruble and supporting the national economy; A sustainable infrastructure for managing currency flows and protecting domestic market participants from external risks. Why did the Central Bank do this? In the context of sanctions pressure and restrictions on the international market, the Central Bank needs to maintain access to currencies to meet the needs of the economy and ensure the stability of the ruble. The creation of its own currency platform allows solving the problem of the availability ...

The export ban has slowed the growth of exchange prices for gasoline.

... 52% of gasoline use, particularly in large cities—and the exchange sales structure, where AI-95 represents only a third of traded volumes. Current rules require companies to sell specific volumes of gasoline on the exchange without distinguishing by ... ... regional budgets and 25.1% to the federal budget. Adjusting the federal share could provide room for reform. Alternatively, restricting diesel exports may temporarily curb gasoline price hikes. However, Gusev warns this approach could harm the oil refining ...

How a raw materials marketplace takes away market power from traders

... Petersburg International Mercantile Exchange (SPIMEX). We estimate the market’s annual volume at 6 trillion rubles, with about half traded via the exchange and tenders. The rest belongs to the small wholesale segment, known as the end-customer market. Our platform ... ... market is enormous and is considered one of the country’s least digitized. However, buying through the exchange comes with restrictions and complexities. Accreditation is required, along with a 100,000-ruble fee for trading access. The platform itself ...

Impact of Trump's Inauguration on the Ruble Exchange Rate: Analysis and Forecasts

... Economists interviewed by "Gazeta.Ru" believe that the dollar may briefly soar to 115 rubles following the inauguration. They argue that the ruble will remain under pressure due to factors related to future White House policies, including: The U.S. trade policy, which may intensify restrictions on Russian raw material exports. Tax and immigration reforms that could influence the attractiveness of investments in emerging markets. Increased sanctions pressure, which will reflect on currency flows and investments. Moderate Ruble Weakening ...

Doubling the Capitalization of the Russian Stock Market by 2030: IPOs of ₽1.28 Trillion Annually

... portfolio investors leads to irregular trading volumes and narrow 'bottlenecks' for purchasing large blocks of shares. Many issuers have few free shares in circulation: either the controlling stake belongs to the state or a limited number of owners. This restricts the attractiveness of stocks to new investors and slows down the entry of issuers onto the exchange. Poor Sector Diversification. Currently, a significant portion of capitalization is concentrated in traditional sectors – oil and gas, metals,...