Stock Market Operations Department of SKB-Bank wins regional stock market forecast contest

A round table discussion devoted to Russian stock and money markets in 2006 -2007 was held in Yekaterinburg on January 31, 2007. In the course of the discussion, the results of the forecast contest held among Sverdlovsk Region bank experts and analysts last year were announced as well.

Stock Market Operations Department of SKB-Bank won in the short-term forecasts category.

‘I expect RTS index to reach the point of 2,600, the dollar/ruble exchange rate to come to 25.80, and that of euro/ruble to 34.30 in 2007,’ says Anton Mikheev, Stock Market Operations Director of SKB-Bank.

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