New indicative FX rate methodology to take effect at Moscow Exchange


The new version of the Indicative FX rate methodology approved by the Moscow Exchange Supervisory Board on 17 October, is to come into force on 22 October.

The new methodology provides for two new indicative exchange rates, namely USD/CAD, and USD/TRY.

Furthermore, the Reuters indicative rate is no longer used to calculate the USD/RUB exchange rate, it is replaced by the Moscow Exchange rate; prices of all interbank market participants are to be used to determine the Reuters indicative EUR/RUB rate; and the interbank market rate is no longer used to compute the USD/UAH exchange rate.

The new version of the Indicative FX rate methodology is available on the Moscow Exchange website.

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New indicative FX rate methodology to take effect at Moscow Exchange

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