Sales of Armenian Dram to Begin at Moscow Stock Exchange

Sales of Uzbek Soum, Armenian Dram, and South African Rand will commence on June 27 in the currency market of the Moscow Stock Exchange. This information is highlighted in a statement published on the stock exchange's website.

"The new currencies will expand the trading opportunities for professional market participants, individuals, and legal entities, including those engaged in foreign economic activities," the exchange's announcement states.

According to the announcement, trading participants and their clients will have access to the following currency pairs: South African Rand – Russian Ruble, US Dollar – South African Rand, Armenian Dram – Russian Ruble, US Dollar – Armenian Dram, and Uzbek Soum – Russian Ruble.