From a recent article in the Wall Street Journal, comes an insider appraisal of the current situation faced by
Authored by Alexander Potemkin, President of Micex (Moscow Interbank Currency Exchange), the piece gives us an idea of the staggering growth and maturity occurring in Mother Russia’s economy.
“There is much discussion -- inside and outside
Sounds good so far, but give me some meat on those bones Alexander.
“In economic terms,
Ok, now we are getting somewhere, the root of
One thousand stock exchanges, wow, you don’t hear that every day. I guess we could say that their financial markets at the time were, shall we say, fragmented.
Impressive growth, no doubt about it.
Is this the beginning of
Only time will tell of course, but with ambitious and stable political leadership in place, and with oil prices continuing to rise with no sign of abatement in sight, the future looks bright for the continuing evolution of Russia’s financial markets.