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12 Feb, 17:59

Russian stocks close in the green on Wednesday

Freedom Finance Global projects the MOEX Index at 2,500-3,500 points on Thursday

MOSCOW, February 12. /TASS/. Russia’s stock market closed in the green on Wednesday as the ruble-denominated MOEX Index added 0.25% to 3,025.63 points, while the dollar-denominated RTS Index gained 2.12% to 1,013.46 points. The yuan exchange rate against the ruble fell by 23.5 kopecks to 12.67 rubles during the day.

BCS World of Investment expects the MOEX Index at 2,955-3,075 points on February 13, while the company’s outlook on the ruble is 12.5-13 rubles per yuan and 92.5-97.5 rubles per dollar.

Freedom Finance Global projects the MOEX Index at 2,500-3,500 points on Thursday. The USD/RUB pair is expected to trade at the 93-95 rubles range, the EUR/RUB pair is projected at the 96-98 rubles range, while the CNY/RUB pair is expected at the 12.7-13.1 rubles range.