Trade EUR/RUB with Fondex
Thinking of trading EUR/RUB?
- 1. Much of the country's economic growth relies on energy revenues thanks to Russia's abundance of natural gas, precious metals and oil. 30% of the world's supply of natural gas comes from Russia, so if the prices fluctuate there, it will affect the rouble, this is to be an upward momentum for the following year. So it is a good time to enter trades involving this currency. 2. Service industry marks number one in Russia' economy, making up to 60% of the nations GDP, again, reinforcing the stability of the rouble.
Trading CFDs involves significant risk of loss