Difference in Ruble prices on Forex vs Moex
Difference in Ruble prices on Forex vs Moex
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Athari · External communityPost link
External question — Personal Finance Stack Exchange
Author: Athari
Original post: https://money.stackexchange.com/questions/149723
License: CC BY-SA 4.0 — https://creativecommons.org/licenses/by-sa/4.0/
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Exchange rate of EUR/RUB and USD/RUB on Forex and Moscow Exchange seem to be considerably different and the graphs don't even look similar after some point:
EURRUB_TOM / MOEX: 118.99
USDRUB_TOM / MOEX: 105.00
EURRUB / FOREX: 131.46
USDRUB / FOREX: 122.36
Which one should I consider the one closer to reality, as in which price should I expect the actual banks to base their exchange rate on? What is the reason for this discrepancy?
P.S. I'm new to all this, I've just created an account TradingView to see the graphs, I don't know how all this usually works. I'm just trying to understand what's going on.
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Therac · External communityPost link
External answer — Personal Finance Stack Exchange
Author: Therac
Original post: https://money.stackexchange.com/a/149730
License: CC BY-SA 4.0 — https://creativecommons.org/licenses/by-sa/4.0/
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The MOEX price has been frozen when the MOEX exchange was last operational. It is not current.
Trading there has been suspended to prevent panic runs until the new normal settles in.
The FOREX price is the actual valuation given to the currency on exchanges where it is actually being traded. It is current, but the trading volume is probably considerably lower than normally.
Crypto exchanges show a price in between the two, but closer to the FOREX valuation.
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Quoted from Forex.com.bd-Editorial External question — Personal Finance Stack Exchange Author: Athari Source score (net votes, not local likes): 0 Original post: https://money.stackexchange.com/questions/149723 License: CC BY-SA 4.0 — https://creativecommons.org/licenses/by-sa/4.0/ Adaptation: HTML converted to plain text; contact email addresses removed. Exchange rate of EUR/RUB and USD/RUB on Forex and Moscow Exchange seem to be considerably different and the graphs don't even look similar after some point: EURRUB_TOM / MOEX: 118.99 USDRUB_TOM / MOEX: 105.00 EURRUB / FOREX: 131.46 USDRUB / FOREX: 122.36 Which one should I consider the one closer to reality, as in which price should I expect the actual banks to base their exchange rate on? What is the reason for this discrepancy? P.S. I'm new to all this, I've just created an account TradingView to see the graphs, I don't know how all this usually works. I'm just trying to understand what's going on.
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