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. Last Updated: 07/27/2016

MICEX Profits Surge

MOSCOW () -- Moscow Interbank Currency Exchange's 1994 profits surged to 74.4 billion rubles ($33.5 million at 1994 rates) from 1993's 9.7 billion rubles ($9.7 million at mid-1993 rates), the exchange announced.

Total 1994 turnover nearly doubled to 52.3 trillion rubles ($23 billion at 1994 rates), up from $12.69 billion in 1993, a company press statement said Wednesday, citing an audit by Price Waterhouse.