25.01.2017

Russian railways: Swiss franc is the least volatile currency

400Russian Railways suggests reviewing the use of Swiss francs as a settlement currency for the transit traffic, president of the company Oleg Belozerov said, as Tass agency reported.
"We calculate transit in Swiss francs. The Swiss franc has been historically used for international settlements. I asked colleagues to consider and give an assessment whether the franc is the proper currency now to make settlements," he said.

The state company consider Swiss franc the least volatile currency and Belozerov added: "The situation has changed recently; Switzerland made its decisions. Therefore there is a need to review whether the currency should be changed for a different one. This is not our individual decision; this through international organizations".


Events


Semptember 2015
  • 24
    Jul

    Monaco Growth Announces Investor Conference in Monaco for July 24th – 26th

  • 23
    Aug

    Regulierung – seit der Finanzkrise prägt der Ruf nach mehr Kontrolle das Banking: Wegen regulator

  • 24
    Aug

    Die Fonds-Konferenz der SKSF ist eine wichtige, branchenspezifische Plattform für Wissens- und Erfa

  • 02
    Sep

    2 evenings to find out about the latest from the digital industry & 2 days to find ideas and to crea

  • 11
    Sep

    ICDA will return this year to its alpine home for the 38th Bürgenstock Meeting.

See All

newsletter

Updates and news from MarketPlus

Market Overview
SMI® PR8938.68-0,99 %
LYXOR DAX INAV116.84-1,69 %
FTSE MIB Index21202.16-1,12 %
FTSE 1007452.91-0,47 %
CAC 405117.66-1,59 %
S&P 5002472.54-0,04 %
NASDAQ Composite6387.7539-0,04 %
HANG SENG INDEX26706.09-0,13 %
Powered by Yahoo Finance