Mon, 21 July
27.1 C
Yerevan
USD: 383.74 RUB: 4.93 EUR: 450.05 GEL: 141.25 GBP: 521.81

Moscow exchange likely to start trading Armenian dram against ruble

YEREVAN, October 9. /ARKA/. The Moscow Exchange is very likely to start trading the Armenian dram against the Russian ruble before 2020, Dmitry Piskulov, the head of currency market development at the exchange, was quoted as saying by Russian daily ‘Kommersant,’ which in turn referred to Reuters.
He said also that the Exchange plans to start trading the Japanese yen and the Turkish lira against the Russian ruble next year.

Dmitry Piskulov told Reuters the exchange will offer the yen-ruble pair in early 2018. The lira-ruble pair will be available in mid-2018, he said.

The Exchange now trades the Russian ruble against the dollar, the euro, the British pound, the Swiss franc, the on-shore and off-shore Chinese yuan, the Belarusian ruble and the Kazakh tenge. It suspended trading in the ruble against the Ukrainian hryvnia in August due to poor demand.

Piskulov said that in the future the Moscow Exchange would consider trading Vietnamese dong for rubles. -0-

spot_img

POPULAR

Armenia’s economy to stabilize on 5.5% growth trajectory in 2025 – EDB forecast

According to EDB forecasts, Armenia's economy will stabilize on a 5.5% growth trajectory with domestic demand remaining the main driver of development.

Armenian Market: Acceleration of Economic Activity is Positive for the Market

In the period from June 16 to June 30, 2025, the Armenian stock market demonstrated mixed dynamics.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

A scheme for stealing funds through fake investment platforms  exposed in Yerevan

A criminal group operating in one of the capital's business centers and stealing citizens' money through Internet calls has been exposed in Armenia, the Investigative Committee of Armenia reports.

In Armenia, bad loans worth over $1 million have been written off under the state support program – Ministry of Social Affairs

14,757 applications for writing off bad loans have been received in Armenia within the framework of the relevant state support program, which started on February 1, 2025.

LATEST NEWS

spot_imgspot_imgspot_img