MOEX’s FX Volumes Fall Double Digits in May as Exchange Inks 2016 Lows
Posted: Wed Jun 01, 2016 2:30 pm
Institutional trading venue, Moscow Exchange (MOEX), has just reported its trading volumes for the month ending May 2016, which again set new lows in 2016 across its foreign exchange (FX) market turnover, registering yet another monthly decline and the lowest figure since November 2015, according to a MOEX statement.
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During May 2016, MOEX’s total FX market turnover retreated to RUB 24.1 trillion, falling another -11.7% MoM from RUB 27.3 trillion in April 2016 – the latest figures constitute ... (read more)