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

Mher Grigoryan considers ADB’s participation in key projects for Armenia important

Armenian Deputy Prime Minister Mher Grigoryan and Asian Development Bank (ADB) Regional Managing Director Leah Gutierrez discussed the implementation of joint programs.

FINTECH360 International Conference to Bring Together 500 Participants in Yerevan

The FINTECH360 International Conference will bring together over 500 participants in Yerevan from April 27 to 29, welcoming senior industry executives from banks, money transfer companies, payment platforms, IT firms, and startups representing more than 30 countries.

Euro to Armenian dram exchange rate jumped by 5.36 drams, while the dollar and ruble rose slightly: Central Bank of Armenia

The average market exchange rate for the US dollar to the Armenian dram, determined on the Armenian foreign exchange market as of April 1, 2026, increased by 0.07 points compared to March 31, reaching 377.23 drams.

Euro and ruble exchange rates against the Armenian dram fell, while the dollar continued to rise

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of March 26, 2026, increased by 0.16 points compared to March 25, reaching 377.36 drams.

Martin Galstyan discussed Armenia’s implementation of the Fund’s structural benchmarks with the IMF mission

Central Bank of Armenia Governor Martin Galstyan held a final meeting with Alexander Timan, head of the IMF mission to Armenia, the regulator's press service reported.

LATEST NEWS

spot_imgspot_imgspot_img