The National Bank of Tajikistan began its operations at the Moscow Exchange

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24.01.2014

The National Bank of Tajikistan began its operations at the Moscow Exchange

    On January 21, 2014 in OJSC “Moscow Exchange” has passed the ceremony of the admission of the National Bank of Tajikistan to the auctions on foreign currency sale and purchase. In the end of December of 2013 the NBT became the full-fledged participant of the specified stock exchange, and on January 20, 2014 the bank has carried out its first transactions on currency sale and purchase.
    It is necessary to notice that the National Bank of Tajikistan became the first participant in tenders in the integrated currency market of the Moscow Exchange among the national banks of the EurAsEC member countries.
     In solemn ceremony Mr. Jamshed Yusufiyon - First Deputy Chairman of the National Bank of Tajikistan, Mr. Igor Marich - Operating Director for Money Market of the Moscow Exchange, Mr. Vadim Kovalev - Deputy Director of Financial Policy Department of the Eurasian Economic Commission, Mr. Dmitry Ljakishev - Director of International Cooperation and Public Communications Department of the Central Bank of Russia, Mr. Andrey Chetyrkin – President Assistant of the Interstate Bank took part and made speeches, and also representatives of many Russian and international mass media have been invited.        
    During the speech Mr. J. Yusufiyon has noted that presence on a platform of the Moscow Exchange enables the bank to enhance the quality and level of the external economic operations between subjects of economy of the countries, decrease transactional expenses and broaden the list of accessible banking services. As the Operating Director of the Moscow Exchange Mr. Igor Marich has mentioned that the integrated currency market introduces notable contribution in development of the currency market of the Moscow Exchange. Also he has underlined that average daily volume of the auctions in 2013 has reached to USD 19 billion, record indicators of turnovers have been reached in December more than USD 35 billion for a week. We hope that other markets will support this tendency too.
    For references, it is necessary to note that the Currency market of the Moscow Exchange is one of the most significant segments of the financial market of Russia. The auctions on US dollar, Euro, Ukrainian hryvnia, Kazakhstan tenge, Belarusian ruble and Chinese yuan pass at the Exchange. According to responsible officers of the given Exchange, it is expected that some banks will be included in structure of participants of the exchange currency auctions from Kazakhstan and Kyrgyzstan till the end of current year.

Press-service
NBT

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