MOSCOW, March 16. /TASS/. The ruble has been strengthening against the dollar and the euro during foreign exchange trading on Moscow Exchange on Wednesday as the dollar was down by 2.1% at 107.79 rubles, while the euro exchange rate was down by 0.92% at 117.4 rubles as of 10:20 am Moscow time.
As of 10:00 am, the dollar exchange rate was flat compared with the previous closing at 110.1 rubles, while the euro was up by 0.42% at 119 rubles.
Earlier, the Bank of Russia decided not to resume trading sessions from March 14 to 18, 2022, on Moscow Exchange in the Equity Market, except negotiated buyback trades with settlements in rubles, and Standardized OTC Derivative Market. The trading sessions in the foreign exchange market, the money market, and the repo market of Moscow Exchange will open at 10:00 am Moscow time, according to the regulator.