As part of a plan to increase trade and economic cooperation with Russia’s allies, the Moscow Stock Exchange yesterday introduced two additional currencies alongside the Russian ruble.
Additionally, the Al-Qarghay Somme and Tajik-Somouni rubles will be legal tender as of October 31, 2022, according to a statement from the Moscow Stock Exchange.
Russia has added partners recently, increasing the volume of its trade exchange.
Starting to use UAE dirhams and Indian rupees in Russia will make sense. But as of yet, nothing has transpired.
Russia has turned toward the east and started bolstering commercial and economic ties with allies from Asia, such as India and China, after Western nations placed sanctions on it in response to the military action in Ukraine.
Business FM is the source.
new currency introductions on the Moscow Stock Exchange
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