Russia: Rouble moves mainstream
Igor Souzdaltsev, president of ACI Russia and head of financial institutions at Investsberbank in Moscow, sent me an e-mail this week informing me of an historic trade done between a Russian and overseas bank. “The first deal took place on October 2. It’s the first case of automated rouble quoting by Russian bank on a foreign broking marketplace. We [have] made the Russian national currency 100% convertible today. The implementation of Investsberbank’s project Convertible Rouble took two years of hard work but it’s worth it,” he said.
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