The government spoke about changes in the Russian foreign exchange market

The Government of the Russian Federation has approved a list of more than 30 friendly and neutral countries, banks and brokers from which they will be allowed to trade on the Russian foreign exchange market, as well as on the derivatives market. The order was signed by Russian Prime Minister Mikhail Mishustin, according to the cabinet website.

Credit institutions and brokers from friendly and neutral countries will be allowed to trade on the Russian foreign exchange and derivatives markets, according to... RIA Novosti, September 21, 2023

Serbia, Turkey, Iran, Qatar, Pakistan, the United Arab Emirates, Morocco, and Malaysia are some of the countries included in the list.

The list includes seven countries from the former Soviet Union: Azerbaijan, Armenia, Belarus, Kyrgyzstan, Tajikistan, and Uzbekistan, as well as the four States that, together with Russia, constitute the BRICS group (in the acronym in English): Brazil, India, the People's Republic of China, and South Africa.

Russia approved a list of 31 countries, including Brazil, Cuba and Venezuela, whose banks and speculators can participate in the Russian foreign exchange market, the Moscow Government announced today. The measure, signed by Prime Minister Mikhail Mishustin, indicates that banks and entities from authorized countries can participate in the Russian financial products market. The list also includes seven countries from the former Soviet Union: Az…