Moscow Exchange sees CNY/RUB volumes rise 4.8% MoM in December

Moscow Exchange, or Moskovskaya Birzha MMVB-RTS PAO (MCX:MOEX), has had a robust December for Forex volumes – according to LeapRate’s earlier report, the Exchange saw FX volumes jump 30.4% in monthly terms in December 2015.

Earlier today, MOEX published a detailed report for the markets performance during the last month of 2015, with trading activity in Chinese yuan instruments obviously gaining pace. Trading volumes of CNY/RUB (Chinese yuan vs Russian ruble) reached RUB 102.7 billion in December 2015, a reading which is 4.8% higher than in November 2015, when the volumes were RUB 98 billion.

At the same time, CNY/RUB transactions accounted for 0.3% of all FX transactions on MOEX in December 2015, down from a share of 0.4% in November 2015.

Looking at the performance of the other currencies, we see that USD/RUB transactions accounted for 80.4% of the total, up from 79% a month earlier. USD/RUB volumes rose from RUB 18.7 trillion in November to RUB 24.9 trillion in December 2015.

EUR/RUB transactions accounted for 14.3% of the total, down from 17.8% in November 2015. Trading volumes with this pair rose from RUB 4.2 trillion to RUB 4.4 trillion.

EUR/USD trading was much more active in December than in November, with trading volumes up from RUB 0.6 trillion to RUB 1.5 trillion. The EUR/USD transactions accounted for 5% of all FX transactions in December 2015, up from 2.7% in November 2015.


You can download the full report by clicking here.

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