Stock indices up, yuan strengthens against ruble as trading on Moscow Exchange opens
The MOEX index accelerated its growth and was at 2,528.52 points, while the RTS index reached 771.31 points
MOSCOW, December 12. /TASS/. The Russian stock indices and the yuan-to-ruble rate were growing after the opening of trading on the Moscow Exchange.
As of 10:00 a.m. Moscow time, the MOEX and RTS indexes rose by 0.56% to 2,526.66 and 770.75 points, respectively. The yuan-to-ruble exchange rate rose by 4.35 kopecks compared to the closing level of the previous trading session and amounted to 13. 969 rubles.
By 10:15 a.m. Moscow time, the MOEX index accelerated its growth and was at 2,528.52 points (+0.64%), the RTS index reached 771.31 points (+0.64%). The yuan exchange rate accelerated its growth and reached 14.089 rubles (+15.35 kopecks).
The Moscow Exchange suspended trading in dollars and euros on June 13 due to US sanctions imposed on 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.