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Dukascopy office

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Dukascopy discontinues USDRUB and EURRUB trading

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Geneva based Retail FX and CFD brokerage group Dukascopy has announced that it has discontinued all client USDRUB and EURRUB trading.

The company said that due to the technical impossibility of trade instruments involving Russian Ruble, all further trading is being discontinued immediately.

Any RUB pair positions left open will be closed at following price levels:
• EUR/RUB long positions at 111.887
• EUR/RUB short positions at 115.3272
• USD/RUB long positions 101.457
• USD/RUB short positions 102.323

The aforementioned closure rates are based on prices provided by Bloomberg at 10:00 GMT.

Dukascopy also said that trading accounts based in RUB will be discontinued. Dukascopy Bank no longer accepts deposits in RUB, and remaining balances will be converted to other currencies.


Gerald Segal

Gerald is the founder of FNG and is one of the most experienced writers covering the online trading sector. Prior to starting FNG, Gerald founded Forex industry B2B news website LeapRate.com in 2010, selling it in 2018 to publicly traded Catena Media plc (STO:CTM). An avid skier, cyclist and ice hockey player, Gerald was previously an investment banker for more than a decade at Bear Stearns, Robertson Stephens, and Merrill Lynch. Gerald holds an MBA from Columbia University in New York and a BCOM degree from the University of Toronto.

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