Business

Moscow Stock Exchange Closed Till March 18

Moscow, March 12 : Russia’s Central Bank on Saturday announced that it will not resume trading on the Moscow Stock Exchange in the equity market till March 18. CNN quoted the Bank of Russia as stating in its website that the foreign currency market will reopen at 10 am (local time) on Monday and commodity trading will also resume then. It further said the decision on the stock exchange for the week after will be announced later. The exchange has been closed since Russia’s invasion of Ukraine, as the United States, European Union and other Western allies imposed sanctions and the Russian ruble plunged to record lows against the US dollar, CNN reported.
UNI

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