Alfa Forex set to reopen trading in RUB pairs
Russian Forex dealer Alfa Forex today announced its plans to resume trading in RUB pairs from Monday, March 14, 2022.
On March 10th and March 11th, trading in Russian ruble pairs will be conducted in “close only” mode.
Effective Monday, March 14, 2022, EUR/RUB and USD/RUB will be trading normally (that is opening and closing of positions in these pairs will be possible). The trading sessions will commence at 10:00 (Moscow Time) and will end at 19:00 (Moscow Time).
The leverage for these instruments will be reduced to 1:10. This meas that margins for trades in USD/RUB and EUR/RUB will increase.
Alfa Forex is one of the handful of licensed Forex brokers in Russia. It is a subsidiary of Alfa Bank.