31 Aug 2022 12:41

Moscow Exchange to start trading Uzbek sum Sept 12

MOSCOW. Aug 31 (Interfax) - The Moscow Exchange will begin trading the currency pair Uzbek sum/Russian ruble (UZS/RUB) on September 12, the exchange said in a press release.

The currency pair will be traded on the spot market with today and tomorrow settlements. Trading participants and their clients will also have access to overnight swaps.

The new currency pair will expand trading options for market professionals and their retail and corporate clients, including foreign trade companies, and will further promote settlements in national currencies among businesses in both countries, the exchange said.