The news agency reported that a total of $22.7 billion changed hands this year on the exchange, up from $12.7 billion in 1993 and a mere $500 million in 1992, the exchange's first year.
Meanwhile, however, the majority of dollar-ruble trade shifted off the exchange to private interbank trades. Bankers have estimated that as much as 70 percent of currency trade in Moscow now occurs off the exchange.
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