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Top related persons:
Anton Govor - 1 Govor - 1 he's - 1 — - 1 It's - 1 Ernst & Young - 1 Brenzone - 1 Airbnb - 1
Top related locs:
Italy Brenzone sul Garda Moscow Lake Munich Florence Europe Russia
Top related orgs:
Garda - 1 Service - 1 Ernst & - 1 MOEX Group - 1 Lake Garda - 1

Search resuls for: "MOEX Group"


5 mentions found


☆ I quit my finance job and became an Airbnb host in Italy. I have no regrets about choosing happiness over money.
  + stars: | 2024-05-08 | by ( Perri Ormont Blumberg | ) www.businessinsider.com   time to read: +6 min
Anton Govor left his corporate finance career to become an Airbnb host on Lake Garda in Italy. I visited Lake Garda for the first time when I was 21The main guesthouse at GardaDoma. Courtesy of GardaDomaDuring a drive from Munich to Florence, I stopped in Lake Garda completely by chance. AdvertisementI chose to leave my finance career behindIn December 2018, my second son was born at Lake Garda, and I took parental leave at our house. I devote 1 to 4 p.m. to property maintenance and planning the dinner menu with our work family, who take shifts in cooking.
Persons: Anton Govor, Govor, he's, —, It's, Ernst & Young, Brenzone, Airbnb Organizations: Garda, Service, Ernst &, MOEX Group, Lake Garda Locations: Italy, Brenzone sul Garda, Moscow, Lake, Munich, Florence, Europe, Russia, Easter
☆ With a sale of Chinese yuan, Russia kicks off 2023 forex intervention
  + stars: | 2023-01-11 | by ( Guy Faulconbridge Darya Korsunskaya | Guy Faulconbridge | Darya Korsunskaya | ) www.reuters.com   time to read: +2 min
SummarySummary Companies Russia to resume forex interventionRussia to sell yuan amid lower oil and gas revenueUse of yuan underscores greater role of ChinaMOSCOW, Jan 11 (Reuters) - Russia said it would resume foreign currency interventions with the sale of yuan from Friday, underscoring the growing importance of China's currency in Moscow's efforts to ensure economic stability amid Western sanctions. Russian nominal GDP is likely to be $2.14 trillion this year, the highest level since 2013, according to the International Monetary Fund. Its share of the currency market reached 48% in November, MOEX Group (MOEX.MM) said last month, up from less than 1% at the start of 2022. The Russian central bank said it would carry out forex transactions on the yuan market of the Moscow Exchange - the yuan-rouble for settlement tomorrow (CNYRUB_TOM). ($1 = 68.6875 roubles)Reporting by Reuters Writing by Guy Faulconbridge Editing by Gareth JonesOur Standards: The Thomson Reuters Trust Principles.
☆ Exclusive: Russia likely to buy yuan on FX market in 2023 - sources
  + stars: | 2022-12-22 | by ( Elena Fabrichnaya | ) www.reuters.com   time to read: +4 min
"The central bank can currently now buy yuan," a banking source close to monetary authorities told Reuters. But the bank would not do so while the government continued, as now, to spend its oil and gas revenues. "(However), if next year budget revenues from the export of oil and gas exceed 8 trillion roubles, then the central bank will buy yuan," that source added. The central bank and finance ministry did not respond to requests for comment. Central Bank Governor Elvira Nabiullina last week said Russia has sufficient funds in yuan and gold.
☆ Moscow Exchange says 2022 trading volumes surpassed $14.4 trillion
  + stars: | 2022-12-20 | by ( ) www.reuters.com   time to read: +1 min
MOSCOW, Dec 20 (Reuters) - Trading volumes on Moscow Exchange, Russia's largest bourse, surpassed 1 quadrillion roubles ($14.44 trillion) for the second year running, it said on Monday, in part due to enhanced repo operations turnover. Markets faced unprecedented challenges," said Yuri Denisov, head of MOEX Group, which runs the Moscow Exchange. "Since the beginning of 2022, the total trading volume has passed the 1-quadrillion-rouble mark. Moscow Exchange halted some trading shortly after Russia sent tens of thousands of troops into Ukraine and Western sanctions wrought havoc on Russian markets. Now, much like its rival SPB Exchange , Moscow Exchange is looking to markets away from the West for development in 2023.
☆ Luxembourg authorises some frozen Russian assets to be unblocked
  + stars: | 2022-12-20 | by ( ) www.reuters.com   time to read: +2 min
The general licence issue should allow non-sanctioned Russian investors to transfer assets from the NSD, Russia's domestic paying agent that was sanctioned by the European Union in June, to other locations. Analysts from Otkritie Investments wrote that Luxembourg appeared to have taken numerous appeals from Russian depositories and investors into account. "This is a clear and positive signal that gives grounds to expect a decision on the issue of unblocking securities of Russian private investors," Otkritie analysts said. The EU sanctions on the NSD, as well as other Western measures aimed at restricting Russia's access to global financial infrastructure, have blocked many Russian investors' access to securities held in jurisdictions outside Russia. "Comments and interpretations of the text will be given later, after consultation with the group's legal consultant," the NSD said.
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