Moscow stock exchange to start trading of Armenian drams

YEREVAN, June 21. /ARKA/. On June 27, the Moscow Stock Exchange will start trading of Uzbek sum, Armenian dram and South African rand, finam.ru writes.

“The new currencies will expand trading opportunities for professional participants of the market, their clients – individuals and entities, including entities of foreign economic activity,” a representative of the stock exchange said.

Spot and swap instruments for the following currency pairs will be available for bidders and their clients:

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 sum – Russian ruble (UZS/RUB). -0-

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