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Home » Moscow exchange will launch trading in currencies of Kyrgyzstan and Tajikistan

Moscow exchange will launch trading in currencies of Kyrgyzstan and Tajikistan

by Okropir Undiladze
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From October 31, the Moscow Exchange will launch trading in the Kyrgyz som and Tajik somoni. This was reported to RB.RU in the press service of the site.

Moscow exchange will launch trading in currencies of Kyrgyzstan and Tajikistan

Trading in new currency pairs will expand the opportunities for direct conversion and will become an important infrastructure element for the development of accounts in national currencies between Russia, Kyrgyzstan and Tajikistan.

The platform will also increase by half an hour the trading time for the “Belarusian ruble – Russian ruble”, “Kazakh tenge – Russian ruble”, “US dollar – Kazakhstani tenge”, “Chinese yuan – Russian ruble”, “US dollar – Chinese yuan”, “ Turkish lira – Russian ruble”, “South African rand – Russian ruble” and “US dollar – South African rand”.

In addition, by the end of 2022, the site intends to launch futures on the German DAX stock index, the pan-European Euro Stoxx, the Japanese Nikkei 225 and the Hong Kong Hang Seng. The platform discusses with the participants the launch dates and specifications of tools

A week earlier, the Moscow Exchange resumed trading in shares of all exchange-traded funds for Russian assets (BPIF). There are 49 such funds in total – trading in their shares was stopped in February, then gradually restored.

The trading volume on the stock market in September increased by 33.9% compared to August and amounted to more than 2.5 trillion rubles. At the same time, the total trading volume on the site for the indicated periods decreased by 8.5% to 74.3 trillion rubles.

Source : Tek Deeps

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