Wednesday, February 14, 2007

Euroclear Extends Accounting Currency List

Major European clearing-and-settlement company Euroclear introduced Russian ruble as accounting currency from today on. Experts see this decision as a sign that international markets acknowledged that currency law became more liberal. Meanwhile, Russian issuers of ruble Eurobonds will become able to considerably expand the circle of potential clients.

# posted by P : 7:56 PM


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