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Home » News » Moscow Exchange to start trading Armenian dram till 2020

Moscow Exchange to start trading Armenian dram till 2020

October 9, 2017 15:17 News, Politics A+ / A-

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The Moscow Exchange plans to start trading the Armenian dram against the Russian rouble till 2020, Dmitri Piskulov, the Head of currency market development at the exchange told Vedomositi newspaper.
According to the source, the Moscow Exchange is gradually expanding a list of currencies it trades, to include national currencies of Vietnam, Iran as well as Turkish lira in 2018.
Piskulov said the decision to start trading new currencies is driven by the market demand, the economic relations and the political process with the respective states.

The exchange, previously known as Micex-RTS, now trades the Russian rouble against the dollar, the euro, the British pound, the Swiss franc, the on-shore and off-shore Chinese yuan, the Belarussian rouble and the Kazakh tenge.

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