Varengold Bank, the award winning German investment bank, today announced that it will list 15 new foreign exchange (FX) currency pairs.
The pairs, representing currencies from Eastern Europe, South Africa, and Scandinavia, will debut on the 1st of October.
“As these economies continue to grow in importance and further integrate into the global economy, investors are seeking new ways to profit in these markets,” says Ilja Perschbacher, Managing Director of Varengold Bank Dubai. “Today Varengold Bank reaches yet another milestone in its expansionary path to further empower our traders with deep liquidity and tight spreads.”
With the addition of these currencies, Varengold investors can now benefit directly from major economic and political developments and hedge currency risks for other investments.
New Currency Pairs:
EUR / NOK
CAD / CHF
EUR / CZK
EUR / HUF
EUR / NZD
EUR / PLN
EUR / SEK
GBP / NZD
NOK / SEK
USD / CZK
USD / HUF
USD / NOK
USD / PLN
USD / SEK
USD / ZAR
Investors will have an opportunity to learn more about these currencies in Varengold’s upcoming seminar series at the DIFC Capital Club.
