Swiss brokerage Dukascopy announced today that it has expanded the range of its FX instruments list with the addition of a further currency pair.
The euro/Russian ruble (EUR/RUB) has been added on the LIVE environment with the maximum leverage on the pair set to 1:10. The company announced that the new currency pair will only be available for self traders’ accounts.
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Euro/Russian Ruble Currency Pair
The EUR/RUB represents two contradicting economies in Europe. The euro, which is the second most traded currency in the world, is generally considered to be stable whereas the ruble, which is the world’s first decimal currency, is usually more volatile due to its dependence on and sensitivity to the price of crude oil.
With the inclusion of the new EUR/RUB currency pair, the company continues to expand its offerings and attract more traders who are looking to diversify their trading options by choosing from an even broader range of currency pairs in which to trade.
Amongst the company’s most recent additions are the Turkish lira/Japanese yen (TRY/JPY) and South African rand /Japanese yen (ZAR/JPY) which it launched in August this year.