Russian stocks up as Wednesday trading opens

Business & Economy August 21, 10:56

The MOEX was up by 0.16% at 2,772.95 points, while the RTS was up by 0.16% at 963.17 points

MOSCOW, August 21. /TASS/. Russia’s stock market went up as Wednesday trading opened on Moscow Exchange while the yuan exchange rate was up against the ruble, according to trading data.

As of 10:15 a.m. Moscow time (07:15 a.m. GMT) the MOEX was up by 0.16% at 2,772.95 points, the RTS was up by 0.16% at 963.17 points, while the yuan exchange rate was up by 4.35 kopecks at 12.23 rubles.

As trading opened the MOEX Index added 0.1% to 2,771.15 points, the dollar-denominated RTS Index rose by 0.1% to 962.54 points, while the yuan exchange rate against the ruble rose by 0.35 kopecks compared with previous closing to 12.19 rubles, according to trading data as of 10:00 a.m. Moscow time (07:00 a.m. GMT).

On June 13, the Moscow Exchange suspended trading in the dollar and euro after the US Treasury imposed sanctions against it and the National Clearing Center, part of the Moscow Exchange group. The regulator uses bank reports and information from over-the-counter trading to determine the dollar and euro exchange rates to the ruble.

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