Moscow Exchange temporarily suspended trading in Swiss francs

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The Moscow Stock Exchange has temporarily suspended trading in the Swiss franc. This has been reported foreign exchange press office.

The publication explains that the restrictions will affect spot and clearing instruments for the Swiss franc-Russian ruble (CHFRUB) and US dollar-Swiss franc (USDCHF) currency pairs and will operate in both swap and over-the-counter modes.

The press service explained that such measures should be taken, as it is difficult for bidders to pay in Swiss Francs due to the restrictive measures taken by Switzerland on June 10. All obligations under previous transactions will be fulfilled in the usual manner, however, it may take longer for Swiss Francs to be credited to customers’ accounts.

Previously reportedHe said that during the currency trading on the Moscow Stock Exchange on the afternoon of June 10, the dollar rate fell below 57 rubles. At the same time, the euro exchange rate fell below 60 rubles for the first time since May 25.

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