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Russian stock indexes in green, yuan strengthens as Moscow Stock Exchange trade opens – Business & Economics
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Russian stock indexes in green, yuan strengthens as Moscow Stock Exchange trade opens – Business & Economics

MOSCOW, October 30. /TASS/. Russian stock indexes rose at the opening of trading on the Moscow Stock Exchange.

As of 10:00 Moscow time, the MOEX index was up 0.34% to 2,608.5 points, and the RTS index was also up 0.34% to 844.31 points.

At the opening of trading, the yuan-ruble exchange rate increased by 1.15 kopecks compared to the closing level of the previous trading session and amounted to 13.588 rubles.

By 10:15 Moscow time, the MOEX index accelerated its growth and totaled 2,615.22 points (+0.6%), the RTS index was 846.49 points (+0.6%).

Meanwhile, the yuan rate accelerated its growth and reached 13,608 rubles (+3.1 kopecks).

The Moscow Stock Exchange suspended trading in dollars and euros on June 13 due to US sanctions against the National Clearing Center. To determine the exchange rate of the dollar and euro to the ruble, the Bank of Russia uses bank reports and information from over-the-counter transactions.