RTS index exceeds 1,200 points as trading on Moscow Exchange opens

Business & Economy February 25, 2025, 11:05

Meanwhile, the yuan exchange rate accelerated its decline and was trading at 11.803 rubles

MOSCOW, February 25. /TASS/. The Russian stock indices grew at the start of the trading session on the Moscow Exchange.

The dollar-denominated RTS index rose above 1,200 points for the first time since May 24, 2024, according to Moscow Exchange data.

As of 10:00 a.m. Moscow time, the RTS index grew by 1.91% to 1,202.4 points, and the MOEX index also grew by 1.91% to 3,366.72 points.

The yuan-to-ruble exchange rate at the opening of trading fell by 8.9 kopecks compared to the closing level of the previous trades and amounted to 11.886 rubles.

By 10:16 a.m. Moscow time, the MOEX index was at 3,368.59 points (+1.97%), the RTS index was at 1,203.06 points (+1.97%). Meanwhile, the yuan exchange rate accelerated its decline and was trading at 11.803 rubles (-17.2 kopecks).

At the opening of the morning trading session, the MOEX index (with the additional code IMOEX2) rose by 1.25% and was at 3,344.91 points, according to trading platform data at 07:00 a.m. Moscow time.

On currency trading

The Moscow Exchange has suspended trading in dollars and euros since June 13, 2024 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.

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