News & Insights

Moscow exchange to stop trading in British pounds on Oct 3

Credit: REUTERS/MAXIM SHEMETOV

September 20, 2022 — 01:12 pm EDT

Written by Polina Devitt for Reuters ->

MOSCOW, Sept 20 (Reuters) - Russia's Moscow Exchange said on Tuesday that it would stop trading in British pounds in its foreign currency market on Oct. 3.

"Suspension of these operations is due to potential risks and difficulties in settling in the British pound," it added in a statement.

(Reporting by Polina Devitt; Editing by Chris Reese)

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Tags

Reuters
Reuters, the news and media division of Thomson Reuters, is the world’s largest international multimedia news provider reaching more than one billion people every day. Reuters provides trusted business, financial, national, and international news to professionals via Thomson Reuters desktops, the world's media organizations, and directly to consumers at Reuters.com and via Reuters TV.
More articles by this source ->

More Related Articles

Info icon

This data feed is not available at this time.

  • •

Sign up for Smart Investing to get the latest news, strategies and tips to help you invest smarter.