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Moscow Exchange starts trading in Uzbek soums

Moscow Exchange starts trading in Uzbek soums
Moscow Exchange starts trading in Uzbek soums

Tashkent, Uzbekistan (UzDaily.uz) -- On 27 June 2022, trading in the Uzbek soums, Armenian dram and South African rand will begin on the Moscow Exchange’s foreign exchange market, the MOEX press service reported.

New currencies will expand the trading opportunities of professional market participants, their clients - individuals and legal entities, including subjects of foreign economic activity.

Traders and their clients will have access to spot and swap instruments for the following currency pairs:

South African rand – Russian ruble (ZAR/RUB);

US dollar - South African rand (USD / ZAR);

Armenian dram - Russian ruble (AMD/RUB);

US dollar – Armenian dram (USD/AMD);

Uzbek soum - Russian ruble (UZS/RUB).

 

Anvar Umarov
Anvar Umarov

Anvar Umarov is the founder and editor-in-chief of UzDaily, a leading business and news publication covering Uzbekistan and Central Asia. With over 20 years of experience in journalism, he has also worked as a PR manager for both state and private organizations, bringing a broad perspective on media, communications, and public affairs to his editorial leadership.