Russian stocks up as Monday trading opens

Business & Economy December 23, 11:04

Meanwhile, the yuan had extended losses to 8.05 kopecks trading at 13.88 rubles

MOSCOW, December 23. /TASS/. Russia’s stock market went up as Monday trading opened on the Moscow Exchange as the MOEX Index gained 1.15% to 2,668.72 points, while the RTS Index added 1.15% to 821.45 points, according to trading data as of 10:00 a.m. Moscow time (07:00 a.m. GMT). The yuan against the ruble lost 3.25 kopecks as trading opened compared with previous closing to 13.928 rubles.

As of 10:15 a.m. Moscow time (07:15 a.m. GMT), the MOEX was up by 1.16% at 2,668.93 points, while the RTS was up by 1.16% at 821.52 points. Meanwhile, the yuan had extended losses to 8.05 kopecks trading at 13.88 rubles.

On June 13, the Moscow Exchange suspended trading in the dollar and euro after the US Treasury imposed sanctions against it and the National Clearing Center, part of the Moscow Exchange group. The regulator uses bank reports and information from over-the-counter trading to determine the dollar and euro exchange rates to the ruble.

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