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MarketScreener Homepage  >  Equities  >  MOSCOW INTERBANK CURRENCY EXCHANGE  >  Moskovskaya Birzha MMVB-RTS PAO    MOEX   RU000A0JR4A1

MOSKOVSKAYA BIRZHA MMVB-RTS PAO

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Moscow Exchange launches dollar vs. yuan, yen vs. rouble trading

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12/03/2018 | 11:12am EST
FILE PHOTO: The trading bell at the Moscow Exchange in Moscow

MOSCOW (Reuters) - The Moscow Exchange has launched five new currency trading options to boost liquidity on its currency market, the bourse said on Monday.

The Moscow Exchange said it had started quoting the Japanese yen against the Russian rouble, and was now offering trading between the U.S. dollar and the Swiss franc, the Chinese yuan, Kazakh tenge and Turkish lira.

The exchange hopes to develop its infrastructure as part of a Kremlin-backed drive to make Moscow one of the world's leading financial hubs.

"The expansion of the product line gives market participants extra capabilities to diversify currency transactions and would contribute to higher liquidity of the currency exchange market," MOEX said in a press release.

The move to launch more trading options was designed to mirror the global foreign-exchange market and thus attract more clients, the exchange said earlier this year.

(Reporting by Andrey Ostroukh; Editing by Tom Balmforth/Mark Heinrich)

Stocks mentioned in the article
ChangeLast1st jan.
EURO / SWISS FRANC (EUR/CHF) 0.02% 1.09539 Delayed Quote.-2.57%
MOSKOVSKAYA BIRZHA MMVB-RTS PAO End-of-day quote.
RUSLAND-RTS 1.25% 1448.34 End-of-day quote.35.44%
US DOLLAR / CHINESE YUAN RENMINBI (USD/CNY) 0.01% 7.0347 Delayed Quote.2.46%
US DOLLAR / JAPANESE YEN (USD/JPY) 0.01% 108.55 Delayed Quote.-0.82%
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EBIT 2019 26 261 M
Net income 2019 18 919 M
Finance 2019 96 888 M
Yield 2019 7,30%
P/E ratio 2019 12,4x
P/E ratio 2020 11,3x
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