OREANDA-NEWS  The Russian government has approved a list of countries whose banks are allowed to trade on the Russian foreign exchange market. The corresponding order was signed by Prime Minister Mikhail Mishustin. Now banks and brokers from friendly and neutral countries are allowed to trade on the Russian foreign exchange market, as well as on the derivatives market.

These countries include: Armenia, Azerbaijan, Belarus, Kyrgyzstan, Tajikistan, Turkmenistan, Uzbekistan, Algeria, Bangladesh, Bahrain, Brazil, Venezuela, Vietnam, Egypt, India, Indonesia, Iran, Qatar, China, Cuba, Malaysia, Morocco, Mongolia, UAE, Oman, Pakistan, Saudi Arabia, Serbia, Thailand, Turkey, South Africa — a total of 31 countries.

The resolution has been prepared for the implementation of the new provisions of the law "On Organized Auctions", adopted in July 2023. The document has not been published yet.

Previously, non-resident banks from the EAEU countries, as well as banks in Tajikistan, had access to the Russian foreign exchange market. In total, 21 banks from among non-residents worked on the Russian foreign exchange market.