Tuesday September 10 2019
News Source: Global Exchanges
Focus: General - Global Exchanges
On 9th September 2019, the Moscow Exchange (MOEX) and the Zhengzhou Commodity Exchange (ZCE, China) signed a memorandum of understanding aimed at developing cooperation and comprehensively strengthening partnerships and interaction between exchanges.
The main goals of this work are to stimulate settlements in national currencies between Russia and China, increase the volume of transactions with instruments in RMB in Russia, including in the framework of attracting financing by Russian-Chinese infrastructure projects.
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