finance

Cryptocurrency: Investment Opportunity?

Cryptocurrency: Investment Opportunity?   Sergei Andryushin, Doctor of Economic Sciences, Professor and Chief Researcher at the Institute of Economics of the Russian Academy of Sciences       The first cryptocurrency, Bitcoin, appeared in January 2009, when a chain of 14 blocks of 700 bitcoins was created over the course of a day. In 2022, cryptocurrency has already become commonplace in many countries around the world. With its help, it is possible to…

Revolution on the Moscow Exchange

Yevgenia Obukhova Revolution on the Moscow Exchange After the rapid growth in the number of ETF mutual funds (exchange-­traded investment funds) and their assets, the next stage begins: the expansion of the range of instruments represented in the funds. This will help small investors to diversify their portfolios. ETF mutual funds have created a real revolution on the Moscow Exchange. Over the past two years, their number has almost tripled, exceeding…

The Russian Stock Market Will Return to Long-term Growth

The Russian Stock Market Will Return to Long-term Growth Capital Ideas spoke about the Russian stock market with Vitaly Isakov, Director for Investments at Otkritie Asset Management Ltd. (“Open Investments”).   What are the main problems facing the Russian stock market? The major issue is that this year, and probably next year, the results of companies will become significantly worse, and uncertainty will grow. Under these…

Yevgenia Obukhova The Ruble Exchange Rate: Should we expect new surprises?

Yevgenia Obukhova The Ruble Exchange Rate: Should we expect new surprises? After turning a somersault in the first half of the year (see figure 1), the ruble rate stabilized in August 2022 at the level of 60–61 rubles per dollar. Predicting the currency exchange rate now, when uncertainty has grown many times over, is practically impossible. Yet it is possible to describe the key factors which…

Special Economic Measures: What is possible, and what is not

Special Economic Measures: What is possible, and what is not   An analysis of the changes in foreign currency regulation introduced as a result of the foreign sanctions is conducted by Ekaterina Zemskaya, Advisor on legal issues to the Director of the NGO “Forum Analytical Center”     The special economic measures adopted beginning at the end of February have brought changes to the existing system of currency…

The Digital Ruble: Pluses and minuses of the third form of national currency

The Digital Ruble: Pluses and minuses of the third form of national currency   Sergei Andryushin, Doctor of Economic Sciences, Professor, Chief Researcher at the Institute of Economics of the Russian Academy of Sciences       In October of 2020 the Bank of Russia published the consultation report “The Digital Ruble,” in which it presented for the first time its project for a digital currency. After…

Julia Zworykina: Perspective on BRICS payment system creation

Julia Zworykina Perspective on BRICS payment system creation Doctor of Economics, Deputy Director of ANO institute Vnesh Econom Bank (VEB) Professor of the Moscow State International Relations University (MGIMO) Nowadays one of the most painful subjects is the problem of how Russian enterprises and citizens use existing payment systems under the restrictions of banks – even…

The russian securities market is experiencing hard times

The russian securities market is experiencing hard times Russian economist Igor Nikolayev is the thinking leader, whose opinion matters. Chief research fellow at the Institute of Economics with the Russian Academy of Sciences spoke in an interview with CAPITAL IDEAS about the Russian Federation securities market   Recently, a new expression almost became a meme:…

Sergey Andrushin: The Central Bank’s digital currency

Sergey Andrushin The Central Bank’s digital currency Doctor of Economic Sciences, Professor, Chief research fellow of The Institute of Economics with RAS   After the appearance of the first virtual currencies in the world economy, at first in the form of cryptocurrencies (Bit- coin, Ethereum, Ripple, Litecoin, and other altcoins), and then in the form…

Evgenia Obukhova: New life of the Moscow exchange

Evgenia Obukhova New life of the Moscow exchange The Moscow Exchange has re-opened after a long cessation of trading in February and March and has resumed operations in the Russian market. The main volumes are provided by private investors; with involvement of non-resident investors from friendly countries expected in the future. Investor preferences change and…