Russian stock indices up as trading on Moscow Exchange opens
The yuan exchange rate slowed its decline and amounted to 11.1645 rubles
MOSCOW, August 19. /TASS/. Russian stock indices were growing at the start of the main trading session on the Moscow Exchange while the yuan exchange rate went down.
As of 10:00 a.m. Moscow time, the MOEX and RTS indices grew by 1.72% to 3,001.92 and 1,175.83 points, respectively. The yuan exchange rate fell by 2.2 kopecks to 11.157 rubles.
By 10:15 a.m. Moscow time, the indices accelerated their growth to 1.75% to 3,002.77 and 1,176.17 points. The yuan exchange rate slowed its decline and amounted to 11.1645 rubles (-1.45 kopecks).
The Moscow Exchange index with an additional code (IMOEX2) at the opening of the morning trading session (07:00 a.m. Moscow time) grew by 1.62% to 2,999.03 points.
The Moscow Exchange suspended trading in dollars and euros from June 13, 2024 due to the 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.