Foreign exchange market in Russia
In my report I would like to describe foreign exchange market in Russia.Russia has foreign exchange market with institutional structure and modern technology trade.Market consists of 5 segments: investment, loan, stock, insurance, foreign exchange markets.FOREX market is the most liquid financial market in the world.Russian ruble has a very small share in global currency turnover.Some experts said that after entering to the World Trade Organization Russian ruble would be week.It`s market share more than 15%.10 currency traders % of overall volume, May 2013.By 2020, the daily turnover is projected to increase to $ 10 trillion dollars.The biggest geographic trading center is the United Kingdom, primarily London.However the biggest trader by overall volume is Deutsche Bank.