Belarusian Currency and Stock Exchange Posted
During the IAB CIS General Meeting held in Tashkent that welcomed representatives of 18 leading exchanges of the CIS countries, the BCSE Chairman of the Board Andrei Aukhimenia and the UZCE General Director Rashid Usmanov signed a Memorandum of Cooperation directed on the development of exchange products and services, expanding the range of participants in exchange trading, the formation and improvement of modern forms, methods and technologies of exchange trading.
The Memorandum also provides for the exchange of experience in exchange data distribution, joint information and analytical work and training events, as well as other opportunities for interaction.
The signing of the Memorandum between the Belarusian Currency and Stock Exchange and the Uzbek Republican Currency Exchange was the first step in developing bilateral cooperation in the on-exchange sphere, aimed at promoting the organized financial markets of both countries.
JSC “Uzbek Republican Currency Exchange” was established in 1992 and it is the only multifunctional exchange platform in the Republic of Uzbekistan – the organizer of exchange trading for the purchase and sale of foreign currency, government securities, financial derivative and other related exchange transactions, as well as the interbank money market, credit and deposit auctions of the Central Bank of the Republic of Uzbekistan with commercial banks.