(Adds comment from currency trading platforms, background)
LONDON, Dec 16 (Reuters) - Three retail currency trading platforms halted trading in roubles on Tuesday, citing growing signs of stress among the banks that underpin trade in the battered Russian currency.
rented – apparently, a rented unit becomes a used-unit and loses value. There is capital flight despite official capital controls and the forex reserves are going down. There is lot of bad debt in the banking system that never gets written down
NICOSIA, Dec 5 (Reuters) - Cyprus on Friday eased restrictions on overseas payments, but fell short of scrapping completely capital controls imposed in the wake of a bailout crisis in early 2013.
* Sees 0.5 pct growth in 2015 after four years of recession
aggressively when the stock was more deeply undervalued. If cash flows remain strong, which current inventory and working capital controls are helping, we’d expect management to be opportunistic in buying shares back again. In the quarter, despite
BEIJING, Nov 10 (Reuters) - Russia and China intend to increase the amount of trade that is settled in yuan, President Vladimir Putin said on Monday as he ruled out capital controls for Russia.
trade surplus in October pointed to signs of manipulation and inflows of speculative hot money, the official Shanghai Securities News said on Monday, suggesting that firms continue to over-invoice trade deals to avoid capital controls .
because China has very stringent capital controls . But they’re going through a set of policies to ease those capital controls . The start of that is an experimental ..... competitive. When they do relax capital controls , which presumably will be done
that economic indicators were useless, as many financial transactions were disguised as real trade to circumvent capital controls . As the dust settles, higher volatility will teach businesses to put proper hedging techniques in place, forming the