MICEX will undertake the tenge and bunnies »

Foreign Exchange Market Finansy16-12-2008 MICEX will undertake the tenge and "bunnies" MICEX plans from early next year to introduce the currency section of the new tool - a couple of euro / dollar. In addition, the exchange plans to turn the Kazakh and Belarusian currency. How effective will be the first mechanism, and whether the last measure considered as evidence of policy positioning of the ruble as a regional currency? Moscow Interbank Currency Exchange (MICEX) plans since 2009 to introduce the currency section of the new tool - a couple of euro / dollar exchange's president told Konstantin Korishchenko. In the coming days, he said, will be extended trading pair ruble / euro. In addition, according to Korishchenko, now Exchange is in talks with their counterparts on the introduction into circulation in the currency section for at least another two currencies - the Kazakh and Belarus. The trade turnover with Belarus and Kazakhstan is great, but it is in dollars, he complained. Fundamentally, any expansion of the instruments is welcomed as it gives great opportunities to players, in particular, and to hedge against risks that are very important, said Bigness.ru FxPro financial analyst Alexander Kuptsikevich. The potential popularity of new tools is difficult to estimate, but their relevance is obvious.