The National Foreign Exchange Association is a non-commercial association of commercial banks, currency exchanges, brokerage firms, and others dedicated to the development and improvement of a high standard foreign exchange market and money market in Russia. Founded in Moscow in 1999, the association had 74 members as of 2005.[1] Among other activities, the National Foreign Exchange Association coordinates with the Bank of Russia in daily setting the Russian Overnight Index Average (Ruonia), which operates similarly to the European Eonia.[2][3]

In 2010, members of the National Monetary Association were 69 financial organizations,[4] including

References

  1. Official website of National Foreign Exchange Association (NFEA)
  2. O'Brien, Emma; Denis Maternovsky (9 September 2010). "Bank Rossii Spurs Swap Trades as Ruonia Lures Deutsche Bank: Russia Credit". Bloomberg. Retrieved 19 September 2010.
  3. "RUONIA - Ruble OverNight Index Average". Archived from the original on 23 November 2011. Retrieved 29 September 2010.
  4. "Список членов Национальной валютной ассоциации" (in Russian). Официальный сайт Национальной валютной ассоциации. Archived from the original on 2012-05-09. Retrieved 2010-08-31.
  5. "Список членов Национальной валютной ассоциации" (in Russian). National Foreign Exchange Association. Archived from the original on 2012-05-09. Retrieved 2010-08-31.


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