finance

Yevgenia Obukhova The Exchange of the Future: Yuan, derivatives, digital

Yevgenia Obukhova The Exchange of the Future: Yuan, derivatives, digital The Moscow Exchange is actively looking for ways to develop under new conditions. This year, the site has faced several serious challenges, and the departure of foreign players is only one of them. Non-resident investors played a significant role only in the stock market – here they accounted for half of the trading turnover. In…

Where and How to Invest in Russia Today: Risks and opportunities

Where and How to Invest in Russia Today: Risks and opportunities Investors love silence and tranquility. Today’s times, however, don’t offer much of either. Nevertheless, business life goes on. Irina Prokhorova, portfolio manager at Otkritie Asset Management Ltd. (“Open Investments”) tells where and how to invest in Russia today.   Which sectors of the Russian economy are particularly interesting for investment…

Monetary Policy of the Bank of Russia under Conditions of Dominance of Budget Expenditures

Monetary Policy of the Bank of Russia under Conditions of Dominance of Budget Expenditures “To effectively combat inflation, the Bank of Russia needs an independent monetary policy – and precisely at this time when the independence of monetary policy is under threat. First of all, the boundary between monetary and fiscal policy should be clearly defined,” said Sergey Andryushin, Doctor of Economics, Professor and Chief Researcher…

Certificates of Deposit – A source of “long” money for banks

Certificates of Deposit – A source of “long” money for banks The problem of the lack of long-term resources in Russian banks has long been discussed at various levels of state structures. One of the effective ways to solve it is the introduction of certificates of deposit, says Vasily Solodkov, Candidate of Economic Sciences, Professor, Director of the HSE Banking Institute.   Can you explain what the problem is? The bottom…

The Path to “Defrosting” Will Not Be Quick

Yevgenia Obukhova The Path to “Defrosting” Will Not Be Quick The National Settlement Depository (NSD) is trying to challenge the complete blocking of foreign assets that belong to Russian investors: foreign stocks and bonds totaling about 6 trillion rubles.   Operations with them – including the receipt of coupons and dividends – became impossible for Russians in early March, when the depositories Euroclear and Clearstream stopped…

What Changes Await the Russian Retail Investor?

What Changes Await the Russian Retail Investor? Over the past two years, the number of retail investors in Russia has grown significantly. According to the Bank of Russia, 24.7 million people have brokerage accounts in the country. The range of the possible transactions of retail investors depends on whether the investor is qualified or unqualified.     Ekaterina Zemskaya, Advisor on Legal Issues to the Director of the NGO…

Diamonds as a Mobile Physical Asset

Diamonds as a Mobile Physical Asset “Diamonds have historically been used to preserve capital. It is logical that in the current situation, people have begun to turn to them much more often than before,” said Dmitry Amelkin, Strategy Director of ALROSA, in an interview with Capital Ideas.   Russia is the largest diamond-­producing power in the world. Tell us, what is…

Does Russia Need New Forms of Digital Currency?

Does Russia Need New Forms of Digital Currency? “Instead of banning the use of stablecoins as a means of payment and savings, the Bank of Russia should validate and propose acceptable models for the issue and circulation of stablecoins,” says Sergey Andryushin, Doctor of Economics, Professor and Chief Researcher at the Institute of Economics of the Russian Academy of Sciences, in his article for Capital Ideas.   Stablecoins are stable virtual coins…

The Russian Stock Market Is Open to Non-residents from Friendly Countries

The Russian Stock Market Is Open to Non-residents from Friendly Countries Since August 15, the Moscow Exchange has allowed non-residents from friendly countries to trade in bonds. Why, and what will this lead to? These and other questions were answered in an interview with Capital Ideas by the personal broker at “Otkritie Investments,” Shamil Dzhazaev.   What is the main purpose…