Russia Approves “Friendly States” List Of Bankers & Brokers Able To Trade In Forex  

Russia has approved a list of states whose bankers and brokers can now take part in currency trading in Russia. This list of “friendly and neutral” countries allowed to trade on the country’s currency exchange market, was released in early February this year and is exclusive to countries who have not signed up to Western sanctions on Russia. They are now able to participate in foreign exchange trading on both Russia’s forex and derivatives markets.

The list comprises: Azerbaijan, Algeria, Armenia, Bangladesh, Bahrain, Belarus, Brazil, China, Cuba, Egypt, India, Indonesia, Iran, Kazakhstan, Qatar, Kyrgyzstan, Malaysia, Morocco, Mongolia, Oman, Pakistan, Saudi Arabia, Serbia, South Africa, Tajikistan, Thailand, Türkiye, Turkmenistan, the United Arab Emirates, Uzbekistan, Venezuela, and Vietnam.

It includes all the BRICS nations including China, all the EAEU members, nine MENA nations and four ASEAN states.