The first deal with the RUB / BYR currency pair was made on the Integrated FX market of the Eurasian economic space
On June 13, 2013 the first deal with the RUB / Belarusian ruble currency pair was made on the Integrated FX market of the Eurasian economic space. The transaction was hold between "BPS-Sberbank" (Republic of Belarus) and the Interstate Bank.
The development of trade in national currencies of the CIS countries was made possible after the February 7, 2013 when the Moscow Exchange opened access for trading to resident banks of the Eurasian Economic Community (EurAsEC) in a project of creation the integrated currency market. The banks of Belarus, Kazakhstan, Kyrgyzstan and Tajikistan have the opportunity to enter an integrated stock market, with a license of its national regulator, and without the need for the Russian currency license.
More information on creating an integrated exchange currency market is available at the Moscow Stock Exchange: http://rts.micex.ru/n2562/?nt=113
To date, nine banks of Belarus and the Interstate Bank became the members of FX market of the Moscow Exchange. The potential candidates are the commercial banks of Tajikistan, Kazakhstan and Kyrgyzstan.
Full version of the press-release can be found at http://rts.micex.ru/n3379/?nt=101 |