Trading in Armenian Dram Begins on Moscow Exchange

Trading in Armenian dram has commenced on the Moscow Exchange's currency market. This was reported by TASS, citing data published on the exchange's website.

Market participants and their clients now have access to spot and swap instruments for the following currency pairs: Armenian dram - Russian ruble (AMD/RUB), US dollar - Armenian dram (USD/AMD), South African rand - Russian ruble (ZAR/RUB), and US dollar - South African rand (USD/ZAR).

It is noted that trading on the Moscow Exchange's currency market is also expected to begin with additional currency pairs, such as Uzbek som - Russian ruble (UZS/RUB), UAE dirham - Russian ruble (AED/RUB), and US dollar - UAE dirham (USD/AED).