Yikes! Overnight rate at 500% for rouble
Yikes! Overnight rate at 500% for rouble
There should be real liquidity problems. Just got an e-mail from xCFD:
Dear clients,
We would like to notify you that due to the instrument volatility conditions for FX transactions with Russian RUB were updated. The leverage for trading forex that involves Russian RUB is temporary lowered to 1:1, spread is 3% and overnight rate is 500% on an annual basis.
We apologize for any inconvenience this…
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