Russian stock indices up, yuan weakens against ruble as trading on Moscow Exchange opens
The MOEX index slowed its growth and was at 2,619.98 points, while the RTS index added 2% and reached 819.78 points
MOSCOW, November 22. /TASS/. The Russian stock indices are growing at the start of trading, while the yuan is weakening against the ruble, according to data from the Moscow Exchange.
As of 10:00 a.m. Moscow time, the MOEX index grew by 2.33%, to 2,628.5 points, the RTS index also grew by 2.33%, to 822.45 points.
The yuan-to ruble exchange rate at the opening of trading fell by 4.55 kopecks compared to the closing level of the previous trades and amounted to 13.904 rubles.
By 10:15 Moscow time, the MOEX index slowed its growth and was at 2,619.98 points (+2%), the RTS index added 2% and reached 819.78 points.
The yuan-to-ruble rate accelerated its decline and was at 13,899 rubles (-5.1 kopecks).
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.