Wednesday, 08, May, 2024

Soum /Russian ruble currency pair (UZS/RUB _TOM instrument) trades were launched at the Uzbek Republican Currency Exchange (UzRCE) on March 24, during which 80 million rubles worth of transactions were entered into.

Reportedly, in order to provide participants of the currency exchange with additional trading opportunities, UzRCE launched trading in Soum/Russian ruble and Soum/Chinese yuan currency pairs, for which the parties to transactions are waived from paying commission until May 31, 2022.

Trades were held on the Rhombus platform by the method of continuous bilateral trades "matching" in the T + 1 mode in accordance with the rules of exchange trading for the purchase and sale of foreign currency.

As part of the development strategy, UzRCE intends to take all necessary measures to further expand the exchange tools in order to create favorable conditions for participants in the exchange currency market.

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