Open Demo Account
Home / Market Update / Forex Market / The Russian Central Suspends Moscow Stock Exchange
Russia
Russia

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.

Tags

Check Also

RBA

RBA Holds Rates Steady, Signals Prolonged Tight Monetary Policy Amid Persistent Inflation

The Reserve Bank of Australia (RBA) maintained its benchmark interest rate at 4.35% on Tuesday, …

This site contains information and opinions for the purpose of providing only general information and can not be relied upon. The information and opinions contained in this Site shall in no way constitute an offer or solicitation to buy, sell or subscribe to any investment product. Users of this site shall bear any risks arising from the use of any information, opinion, program, service or material. Noor Trends reserves the right to make any change to the Site, the information, opinions, materials, products, programs, services or prices (if any) at any time without notice.
All copyrights reserved Noor Trends