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MOEX’s Spot FX Sees Modest Uptick as Global Volumes Rebound in May

Demand for spot foreign exchange on the Moscow Exchange (MOEX) rose modestly to RUB 7.9 trillion ($98 billion) in May, which is a 4% gain over the previous month’s RUB 7.6 trillion ($94 billion). The increase from Russia’s largest exchange group tallies with higher spot volumes posted by other major institutional FX trading venues around the world.MOEX’s Spot Volume Resists Fall in FX MarketAccording to trading volumes for May released on Friday, MOEX achieved a slight increase in spot FX volume... Read More

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Posted: Jun 2 2023, 20:45

Author Name: financemagnates

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