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Russian stock indices up, yuan strengthens as trading on Moscow Exchange opens

By 10:20 a.m. Moscow time, the MOEX index slowed its growth and amounted to 2,271.03 points (+1.13%), the RTS index was at 874.03 points (+1.13%)

MOSCOW, November 8. /TASS/. Russian stock indices and the yuan-to-ruble exchange rate started trading with the growth on Friday, according to the Moscow Exchange data.

As of 10:00 a.m. Moscow time, the MOEX index rose by 1.15% to 2,721.64 points, the RTS index also rose by 1.15% to 874.22 points.

At the opening of trading, the yuan-to-ruble exchange rate rose by 0.7 kopecks compared to the closing level of the previous trading session and amounted to 13.632 rubles.

By 10:20 a.m. Moscow time, the MOEX index slowed its growth and amounted to 2,271.03 points (+1.13%), the RTS index was at 874.03 points (+1.13%).

Meanwhile, the yuan-to-ruble rate accelerated its growth and amounted to 13,639 rubles (+1.4 kopecks).

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

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