Earlier, a list of countries whose banks and brokers will be allowed to trade on the Russian foreign exchange market was published on the website of the Russian government. The list includes more than 30 countries. Kazakhstan was not on the list.
However, later Kazakhstan was added to the list.
Screenshots from government.ru
It is noted that the resolution was prepared to implement the new norms of the Federal Law “On Organized Trading”, adopted in July 2023.
“These norms are aimed at increasing the efficiency of the mechanism for direct conversion of national currencies of friendly and neutral countries and the formation of direct quotations to the ruble to meet the demand of the Russian economy for settlements in national currency,” the statement says.