25.09.2022
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Market

Foreign banks may again be allowed to open branches in Russia

This has been prohibited since 2013, but now the conditions have changed – and the presence of a branch of a foreign bank in the Russian Federation will be a plus. Branches of foreign banks may reappear in Russia. Since 2013, such a term has been excluded at the legislative level, and therefore, in fact, […]

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Forecasts

Finam abandoned plans to buy a foreign bank due to the position of the Central Bank

After the occurrence of problems with correspondent accounts in dollars, the Finam broker studied the possibility of buying an unsanctioned bank in the CIS, but this option was not approved by the Bank of Russia. This was told to RBC Investments by the president of the investment holding, Vladislav Kochetkov. “We looked at the purchase […]

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Forecasts

The Central Bank will limit the purchase of foreign securities. What does this mean for the market

From October 1, 2022, unqualified investors will not be able to buy through Russian foreign brokers securities issued issuers from unfriendly countries, if as a result of the transaction the share of such securities in the portfolio exceeds 15%. From November 1 this year, the limit will be reduced to 10% of the portfolio, from […]

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Forecasts

Russian investors will be able to buy foreign assets through mutual funds

Director of the Department of Investment Financial Intermediaries of the Bank of Russia Olga Shishlyannikova at the “How to get through the perfect storm” investment meetup said that supporters of passive investments will still be able to purchase units of investment funds (UIFs) that have foreign securities as assets, regardless of their jurisdiction. “A mutual […]

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forex Trading robots

Moscow Exchange will resume trading on the foreign exchange market and the precious metals market at 12:15 Moscow time From IFX

Alexander Shuvalov Professional trader, investor, entrepreneur. Founder of the School of Trading and Investing. More than 12 years of experience in financial markets (stocks, bonds, futures, options, currencies, ETFs).

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Forecasts

Moscow exchange suspended trading in the foreign exchange market and the precious metals market

MOSCOW, 5 Sep — PRIME. The Moscow Exchange temporarily suspended trading on the foreign exchange market and the precious metals market from 10.50 Moscow time, the reasons are being specified, the trading platform said. The dollar on the Mosbirzhe ended Friday trading with growth to 60.58 rubles “At 10:50 Moscow time, trading in the foreign […]

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forex Trading robots

Russia is ready to supply up to 30 million tons of grain to foreign markets in the 2nd half of the year From IFX

In the 2nd half of the year, Russia, within the framework of agreements with the UN, is ready to supply up to 30 million tons of grain to foreign markets, the Ministry of Agriculture reports. “Today, Russia continues to fulfill all its obligations to international partners and, within the framework of agreements with the UN, […]

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Market

UnionPay cards of foreign banks stopped working in Russia

While we are talking about banks that fell under sanctions, this is how the payment system is protected from the risks of secondary sanctions. UnionPay cards are still the only available alternative for paying for purchases abroad. But citizens of other countries also found themselves in a similar situation – they can only use cards […]

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Market

It has become easier to import foreign cars into Russia: now you do not need to receive OTTS thanks to parallel imports

It is now difficult to obtain vehicle type approval due to the need to make a request to the manufacturer. The volume of foreign cars imported into Russia is growing – for example, in the port of Vladivostok there is already a lack of capacity for reloading. The main reason is the excessively strengthened ruble, […]

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Forecasts

The Central Bank will analyze the implementation of recommendations on foreign securities

MOSCOW, 29 Aug – PRIME. The Central Bank of the Russian Federation will monitor the implementation by brokers of recommendations to refrain from offering foreign securities to unqualified investors, follows from the regulator’s explanations to the corresponding request from RIA Novosti. ITI Capital will stop some investors from buying foreign securities On July 20, the […]

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