Russian stock market drops, yuan strengthens against the ruble

Business & Economy December 11, 10:40

By 10:15 the yuan exchange rate accelerated its growth and reached 13.78 rubles

MOSCOW, December 11. /TASS/. The MOEX index fell by 0.54% to 2,509.21 points and the RTS index also lost 0.54% and reached 790.2 points on Wednesday.

At the same time, the yuan rose by 6.7 kopecks to 13.767 rubles.

By 10:15 Moscow time, the MOEX index slowed its decline and reached 2,513.3 points (-0.37%), while the RTS index was at 791.49 points (-0.37%). The yuan exchange rate accelerated its growth and reached 13.7825 rubles (+8.25 kopecks).

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