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March 11, 2024

2024 Red Sea Shipping Problems See Russian Rail Transit Demand Increase 40% 

The Financial Times has reported that demand to move goods from Asia to Europe by rail via Russia has soared since the start of the Red Sea crisis, according to logistics companies and rail operators, providing a boost to RZD, Russia’s state-owned rail monopoly. Germany’s DHL said requests to transport goods on the Russian rail […]

March 11, 2024

Moscow Exchange Reports Record Transactional Activity by Private Investors in February

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 […]

March 11, 2024

Russia Approves “Friendly States” List Of Bankers & Brokers Able To Trade In Forex  

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 […]

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