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Russian stock indices rapidly growing after Bank of Russia’s decides to keep key rate

The ruble exchange rate did not react to the Bank of Russia's decision to keep the key rate at 21% per annum during trading on the Moscow Exchange, according to trading platform data

MOSCOW, December 20. /TASS/. The Russian stock indices have shown rapid growth following the Bank of Russia's decision to keep the key rate at 21% per annum.

The MOEX index exceeded 2,500 points for the first time since December 12, according to exchange data.

Before the regulator's decision was published, the MOEX index was at 2,451.23 (+1.44%), the RTS index amounted to 746.65 (+1.44%), according to trading data as of 01:25 p.m. Moscow time (10:25 a.m. GMT).

According to data as of 01:30 p.m. Moscow time (10:30 a.m. GMT), the MOEX index was rapidly growing by 4%, to 2,513.01 points, the RTS index also grew by 4%, to 765.47 points.

The ruble exchange rate did not react to the Bank of Russia's decision to keep the key rate at 21% per annum during trading on the Moscow Exchange, according to trading platform data.

Thus, before the regulator's decision was published, the yuan exchange rate was at 13,985 rubles (-2.2 kopecks), according to trading data as of 01:25 p.m. Moscow time (10:25 a.m. GMT).

According to data as of 01:30 p.m. Moscow time (10:30 a.m. GMT).) the yuan rate was at 13,988 rubles (-1.9 kopecks).

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