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Russian stocks close mixed on Wednesday

The dollar/ruble pair is projected to move within the 67-69.5 rubles corridor, the euro/ruble pair - in the 73-75.5 rubles corridor

MOSCOW, January 18. /TASS/. Russia’s stock market closed mixed on Wednesday as the MOEX Index lost 0.03% to 2,196.26 points, while the dollar-denominated RTS Index added 0.35% to 1,006.35 points.

The dollar exchange rate rose by 0.43% by the end of the day to 68.72 rubles, the euro grew by 65% to 74.34 rubles, while the yuan edged up by 0.001% to 10.19 rubles.

With the price optimism on commodities and the general favorable sentiment persisting, the Russian market has all chances to continue growing moderately, BCS Investment World believes. The company projects the MOEX Index at 2,150-2,250 points for January 19, while the dollar exchange rate - at 67-70 rubles.

Freedom Finance Global expects the MOEX Index to hover in the range of 2,200-2,300 points again on Thursday. The dollar/ruble pair is projected to move within the 67-69.5 rubles corridor, the euro/ruble pair - in the 73-75.5 rubles corridor, while the yuan-ruble pair - in the 10-10.3 range, the company suggests.