The stock market of the Russian Federation showed a record drop since March 2020

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The Russian stock market accelerated its decline today after the Russian Foreign Ministry’s statements about NATO’s unwillingness to meet Russia’s demands for security guarantees, which makes further negotiations pointless in the near future.

According to Interfax, the rollback of the Moscow Exchange and RTS indices was a record one since March 2020. So, the Moscow Exchange index fell to the area of ​​3670 points, the RTS fell below 1520 points.

Following the results of the main trades, the Moscow Exchange index fell to 3674.73 points (-4.1%), the RTS index fell to 1516.99 points (-5.9%); the prices of the majority of “blue chips” on the Moscow Exchange decreased by 7.3%.

The exchange rate of the American currency was 76.32 rubles. (+1.61 rubles).

Recall that earlier today, Deputy Foreign Minister of the Russian Federation Sergei Ryabkov noted that the United States and its NATO allies are not ready to meet Russia halfway on key requirements in matters of security guarantees. Thus, he added, Moscow sees no grounds for holding a new round of negotiations with the United States on security guarantees in the near future.

Source: Rosbalt

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