Russian stock indices decline as trading on Moscow Exchange opens

Business & Economy April 02, 2025, 10:45

By 10:15 a.m. Moscow time, the MOEX index slowed its decline and reached 2,929.74 points (-1.17%), the RTS index amounted to 1,087.46 points

MOSCOW, April 2. /TASS/. Russian stock indices declined at the beginning of the main trading session on the Moscow Exchange.

As of 10:00 a.m. Moscow time, the MOEX and the RTS indices both fell by 1.35% to 2,924.49 points and 1,085.51 points respectively.

The yuan-to-ruble exchange rate rose by 6 kopecks compared to the closing level of the previous trading session and amounted to 11.533 rubles.

By 10:15 a.m. Moscow time, the MOEX index slowed its decline and reached 2,929.74 points (-1.17%), the RTS index amounted to 1,087.46 points (-1.17%). Meanwhile, the yuan exchange rate accelerated its growth and was at 11.56 rubles (+8.7 kopecks).

The MOEX index with an additional code (IMOEX2) at the opening of the morning trading session fell by 1.48% and was at 2,920.6 points, according to trading platform data at 07:00 Moscow time.

Moscow Exchange has suspended trading in dollars and euros since June 13, 2024 due to US sanctions imposed against 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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