Private investor activity on the Moscow Exchange (MOEX), Russia’s largest stock market, reached an all-time high in February 2024, according to the exchange. A total of 4.1 million individuals conducted transactions on the exchange last month. During this period, they invested 74.2 billion rubles (US$820 million), an 11% increase year-on-year. The vast majority of investments […]
Russia has approved a list of states whose bankers and brokers can now take part in currency trading in Russia. This list of “friendly and neutral” countries allowed to trade on the country’s currency exchange market, was released in early February this year and is exclusive to countries who have not signed up to Western […]
The head of the Russian cabinet, Mikhail Mishustin, has signed off the approval for the Northern Sea Route development plan, to be completed by 2035. It is one of Russia’s largest development projects and will be financed to almost 2 trillion rubles (US$22 billion) A National Transport Artery The NSR development plan includes more than […]
A new deep sea port and terminal is to be constructed in Russia’s northern Arkhangelsk Port, according to the key provisions of the Comprehensive Development Plan of the Arkhangelsk Transport Node. The plan details Arkhangelsk development to 2035. The full text of the document (in Russian) can be found here. The construction of the new […]
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