RBI Burned $8 Billion in One Week — Is Your Rupee Safe?
The rupee bounced to 95.20 but RBI's forex reserves took a brutal $8.1 billion hit in a single week — here is what every Indian investor needs to understand right now.
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Abstract:The Heads are Valter Timanov, Maria Porandaikina and Sergey Rudenko, respectively. COO Kate Rutkovskaya recently resigned from the same tech provider.

Your Bourse, a London-based technology provider to forex and contract for difference (CFD) brokers, recently appointed new heads of department to spearhead various units in its organization.
Take Advantage of the Biggest Financial Event in London. This year we have expanded to new verticals in Online Trading, Fintech, Digital Assets, Blockchain, and Payments.
These are Valter Timanov as Head of Operations, Maria Porandaikina as Head of Customer Success, and Sergey Rudenko as Head of Engineering.
Your Bourse disclosed this in a press statement shared with Finance Magnates on Thursday.
While Timanov joined Your Bourse from the online brokerage firm, Just2Trade Online where he was the Chief Technology Officer, Porandaikina came from MetaTrader4/5 tech solution developer, Brokeree Solutions, where she was Head of Customer Success.
Rudenko was once a developer for Your Bourse. He had previously worked with the technology provider between March 2016 and April 2018. Additionally, he once worked with Your Bourse's Co-Founder Andrey Vedikhin at Alpari while it was the top forex broker.
“I am thrilled to re-join and be part of Your Bourse as we look to adopt best practices in software engineering, optimize our team structure and establish technical standards,” Rudenko stated.
Your Bourse noted that Rudenko is bringing “extensive knowledge of modern software development practices to support Your Bourses leadership team.”
“These recent appointments will enable Your Bourse to transform development procedures to accelerate innovation plans with [a] clear focus on customer satisfaction from their growing client base,” Your Bourse said in a statement shared with Finance Magnates.
Speaking on the new appointment, Elina Pedersen, Your Bourse‘s Co-Chief Executive Officer and Chief Revenue Officer, noted that the appointed leaders will enable the company’s 'ambitious growth plans'.
“These are significant hires for Your Bourse and demonstrate our commitment to deliver ongoing enhancements to our Platform-as-as-Service and the best customer experience in the industry,” Pedersen said.
Career Experience
According to his LinkedIn profile, Timanov joined Your Bourse in July and is based in Limassol, Cyprus.
Timanov was once the Head of the Investment Department forJust2Trades officein Cyprus. He served the broker between 2017 and 2018. He was also once the Technical Manager at WhoTrades and a Software Engineer at FINAM Investments.
On her part, Porandaikina was once a SharePoint Consultant at SkillUnion Limited and an Information Technology Help Desk Analyst at Japan Tobacco International.
Moreover, Rudenko has worked as a .NET developer at London Capital Group, Alpari and Engineers of Information LLC.
Meanwhile, Kate Rutkovskaya, the Chief Operating Officer of Your Bourse, resigned from her positionearlier this month. The C-suite executive spent two years and four months in this capacity before exiting from the company. She spent almost three years there.
“Kate has resigned to start her own project in the field of mindfulness and with her amazing set of leadership, management and resourcing skills, I'm sure it will be a great success,” Pedersen told Finance Magnates.

Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.

The rupee bounced to 95.20 but RBI's forex reserves took a brutal $8.1 billion hit in a single week — here is what every Indian investor needs to understand right now.
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