Russia draws up a list of countries allowed to participate in foreign exchange transactions, including China, India and other countries

The Russian media RBC reported that Russia has drawn up a list of countries that are allowed to participate in the country’s foreign exchange transactions, including China and India. Citing a draft government order, RBC reported that Russia’s finance ministry had drawn up a list of 44 countries whose brokers and banks would be allowed to participate in foreign exchange transactions in Russia.

Turkey, Israel, Egypt, Iran, South Africa and most of the Gulf Arab states are also on the list. However, the list is not final and has been submitted for public discussion until August 2.