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The Russian Central Suspends Moscow Stock Exchange

Adel 2 March, 2022 1:12 pm Forex Market, Market Update

The Central Bank of Russia decided not to resume trading on the Moscow Stock Exchange today, Wednesday, in the stock market sector, with a few exceptions.

The Russian Central Bank said that the decision on trading tomorrow, March 3, will be taken before nine o’clock in the morning Moscow time of the same day.

The Russian Central decided, on Sunday evening, to suspend trading in the stock market on the Moscow Stock Exchange this week (until March 5, 2022), in light of the external pressures that the Russian market is exposed to.

It imposed a temporary ban on intermediaries from February 28, 2022 to carry out transactions for the sale of securities on behalf of foreigners not residing in Russia.

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