Moscow Still Far From Becoming Financial Center

Sep. 25, 2009

Moscow ranks 67th among 75 world financial centers, just below Manila, Prague and Lisbon, according to a study published Thursday.

The study, conducted by Z Yen Group, rated the world’s financial centers using a combination of factors, including a survey of executives in financial companies and a breakdown of the city’s financial situation. Moscow dropped 7 places since the previous survey, conducted last year, where it finished in 60th place. (MT)

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