Turkmen Banks Allowed to Trade in Russian FX Market

Turkmen Banks Allowed to Trade in Russian FX Market

Turkmenistan was included ın the list of "friendly and neutral countries" whose credit organizations and brokers will be allowed to trade on the Russian foreign currency exchange market. The order approving the list was signed by Chairman of the Russian Government Mikhail Mishustin on September 20 this year.

The countries included in this list will be able to participate not only in trading on the Russian FX market, but also on the derivatives market, according to the press service of the Russian government.

The approved list included more than 30 countries: Armenia, Azerbaijan, Belarus, Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, Uzbekistan, Algeria, Bahrain, Bangladesh, Brazil, China, Cuba, Egypt, India, Indonesia, Iran, Qatar, Malaysia, Mongolia, Morocco, Oman, Pakistan, Qatar, Saudi Arabia, Serbia, South Africa, Thailand, Turkey, United Arab Emirates, Venezuela, Vietnam.

The Resolution was approved to implement the new provisions of the Federal Law on Organised Trading adopted in July 2023.

More related articles

Turkmen students became winners of the International Olympiad on Financial Security
The composition of the BRICS will be replenished with five more members
Rosaviatsia thinks about increasing the number of flights from Russia to Turkmenistan
Low tariffs for gasoline and diesel fuel recorded in Turkmenistan
OPEC, Allies Agree to Gradually Increase Oil Production From January
Financial support of development of private sector: impulse of the economic growth