(Adds detail, quotes) MOSCOW, Sept 9 (Reuters) - The Moscow Exchange will start trading foreign securities in U.S. dollars from Sept. 27 in addition to roubles, the head of the bourse’s stock market department, Boris Blokhin, said on Thursday, under a plan to lure more investors. Russia’s largest exchange is also expanding the number of foreign securities on offer and will soon launch extended trading hours. The bourse currently trades 282 foreign stocks in Russian roubles but dividends are paid in their native currency. The plan is to add 80 foreign shares each month from October to bring its total offering to 1,401 by the end of 2022, Blokhin said. “Market participants are waiting for dollar settlements to emerge, in addition to those in roubles. They want other currencies, above all, U.S. dollars,” Blokhin said during a press briefing. “Possibilities for investors are only growing.” Blokhin said the bourse will start offering shares traded in Hong Kong, Germany and other European countries, in addition to U.S.-listed securities in the coming months. These shares would be traded in their nominal currency - the euro and Hong Kong dollar - in 2022, he said. (Reporting by Elena Fabrichnaya; Writing by Alexander Marrow; Editing by Kevin Liffey and Elaine Hardcastle)
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