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Armenia included in the list of ‘friendly’ countries, whose banks can participate in currency trading in Russian Federation

YEREVAN, September 21. /ARKA/. Armenia has been included in the list of countries, whose banks and brokers are allowed to trade in the Russian currency and derivatives markets.

The list of more than 30 ‘friendly’ and ‘neutral’ countries approved by the Russian government is published on its website.

According to Russian news agency Tass, in addition to Armenia, the list includes Azerbaijan, Belarus, Kyrgyzstan, Tajikistan, Turkmenistan, Uzbekistan, Algeria, Bangladesh, Bahrain, Brazil, China, Cuba, Egypt, India, Indonesia, Iran, Qatar, Venezuela, Vietnam, India, Iran, Malaysia, Mongolia, Morocco, Oman, Pakistan, Saudi Arabia, Serbia, Thailand, Turkey, South Africa, and the United Arab Emirates.

This list was approved as part of the implementation of the new norms of the law “On Organized Trading”, adopted in July 2023. These norms are aimed at increasing the efficiency of direct conversion of national currencies of friendly and neutral countries and direct quotations to the ruble to meet the demand of the Russian economy for settlements in the national currency.–0–

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