MOSCOW, May 22. /TASS/. Russia’s stock market went down as the main trading session started on Thursday, while the yuan exchange rate fell below 11 rubles first since April 21, 2025.

According to trading data as of 10:00 a.m. Moscow time (07:00 a.m. GMT), the MOEX Index was down by 0.85% at 2,785.67 points, while the RTS Index was down by 0.85% at 1,100.33 points. By 10:20 a.m. Moscow time (07:20 a.m. GMT), the MOEX had extended losses to 0.96% as it traded at 2,782.72 points, while the RTS was down by 0.96% at 1,099.17 points.

As of 10:00 a.m. Moscow time (07:00 a.m. GMT), the yuan exchange rate was down by 2.45 kopecks compared with previous closing at 11.03 rubles. By 10:03 a.m. Moscow time (07:03 a.m. GMT), the yuan had extended losses to 5.7 kopecks as it traded at 10.9975 rubles, having fallen below 11 rubles for the first time since April 21. Later the Chinese currency narrowed losses to 3.965 kopecks as it traded at 11.015 rubles, according to trading data as of 10:20 a.m. Moscow time (07:20 a.m. GMT).

The MOEX Index (with additional IMOEX2 ticker) rose by 0.22% as morning trading session started reaching 2,815.9 points, according to trading data as of 7:00 a.m. Moscow time (4:00 a.m. GMT).

On June 13, 2024 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.