MOEX’s FX Turnover Plunges to 2016 Low

[kreslik.news]

The Moscow Exchange (MOEX) has reported its trading volumes for the month ending April 2016, which saw its foreign exchange (FX) market turnover fall to a 2016 low, erasing three months of growth this year, according to a MOEX statement.

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In April 2016, total FX market turnover at MOEX plunged to RUB 27.3 trillion, falling -11.4% MoM from RUB 30.8 trillion in March 2016 – this figure included spot trades of RUB 9.9 trillion and swap trades ... (read more)