Ruble emerges as biggest loser in BIS rankings

Offshore trading is slowly picking up, but remains half as much as pre-Crimea levels

russia-2015
Ruble slides from 12th place in 2013 to 18th in the latest BIS survey

One of the biggest losers emerging from the Bank for International Settlements' (BIS) 2016 survey of foreign exchange markets is the Russian currency. According to the latest results, the ruble slipped to 18th place in the currency pecking order, down from 12th place in 2013, notching up the steepest slide in rankings.

The fall from grace is a big turnaround for the ruble, which between 2010 and 2013 went from average daily volumes of $0.9 billion and a ranking of 16th to $1.6 billion of

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact customer services - www.fx-markets.com/static/contact-us, or view our subscription options here: https://subscriptions.fx-markets.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a FX Markets account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: