For the first time, speculation and hedging operations are carried out on the currency exchange of the Republic of Uzbekistan by concluding purchase and sale transactions with currency futures contracts.
With the assistance of the Embassy of Uzbekistan in the United Kingdom, online negotiations were held between Member of the Board, Head of the Marketing Development Department of the London Metal Exchange (LME) Robin Martin and Deputy Chairman of the Board of Uzbek Republican Commodity and Raw Materials Exchange” Nabihon Samatov, Dunyo reports.
On 12 September, the Moscow Exchange will launch trading in the Uzbek soum - Russian ruble (UZS/RUB) currency pair. This was reported on the website of the trading platform.
Over the past week, that is, for the period from 15 to 21 August, goods worth 2.6 trillion soums were sold on all trading platforms of the Uzbek Republican Commodity Exchange JSC, which 7.7% more than the previous week. Of these, 73.2% of sales came from exchange auctions, 26.5% - from electronic public procurement, 0.1% - from exhibition and fair sales, and 0.2% - from online auctions of license plates.
On 15 August 2022, the Supervisory Board of the Joint Stock Company the Republican Stock Exchange “Toshkent” (UZSE) made a decision to offer Georgy Otarovich Paresishvili the position of Chairman of the Board of the Stock Exchange.
In order to increase trade turnover at the Uzbek Republican Commodity Exchange (UZEX) with the participation of Italian companies, the Embassy of Uzbekistan in Rome held a meeting with the President of the Italian company Imagro Group, Massimo Pollio, Deputy Chairman of the UZEX Nabikhon Samatov and adviser to the chairman Hikmatullo Tillaboev, Dunyo news agency reports.
According to the Uzbek Commodity Exchange, the price of cottonseed oil fell sharply on 23 June.
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.
On 20 June, Michael Cofield, Advisor to the US Department of Commerce Commercial Law Development Program (CLDP) and Kevin Piccoli, Deputy Director of the Commodity Exchange Commission (CFTC) visited the Uzbek Commodity Exchange (UZEX).