MOSCOW, October 23. /TASS/. The Russian stock indices started the week with a growth impulse - the MOEX index almost reached its one-and-a-half-year peak, but during the day sellers seized the initiative.

By the end of the trading session, the MOEX index dipped by 0.17% to 3,263.68 points, while the dollar-denominated RTS index rose by 0.91% to 1,091.16 points.

The dollar-to-ruble rate decreased by 0.98% to 94.34 rubles, the euro rate went down by 0.56% to 100.29 rubles, the yuan rate dropped by 0.12% to 12.87 rubles.

"The strengthening of the ruble, which gained momentum throughout the day, led to a deterioration in market sentiments. The growth of the national currency is negative for exporter shares, which occupy more than half of the Moscow Exchange index. In addition, oil prices began to decline amid reports of progress in the process of de-escalation of the Arab-Israeli conflict," investment strategist at BCS World of Investments Alexander Bakhtin said.

In the short term, BCS World of Investments expects predominantly sideways dynamics on the Russian market. The company expects the MOEX index to be in the range of 3,190-3,290 points on Tuesday, October 24, the dollar exchange rate will be in the range of 94-96 rubles.