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Russia’s Moscow exchange to start trading in Uzbek currency

Finance Materials 1 September 2022 13:41
Baku, Azerbaijan Trend News Agency
Russia’s Moscow exchange to start trading in Uzbek currency

Russia's Moscow Exchange will launch trading in Uzbek soum – Russian ruble (UZS/RUB) currency pair on September 12 this year, Trend reports via the press service of the exchange.

According to the press service, the new currency pair will expand the trading opportunities of professional market participants and their clients - individuals and legal entities, including subjects of foreign economic activity.

In addition, bidders and their clients will have access to overnight swap transactions.

This type of trading will become an additional incentive for developing settlements in national currencies between Russia and Uzbekistan.

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