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The Moscow Exchange at 10:00 Moscow time resumed trading suspended earlier on Thursday, and the ruble index of the Moscow Exchange fell below 2,700 points for the first time since November 2, 2020.
Later, this indicator fell below 2400 points for the first time since March 2020.
The dollar exchange rate jumped above 86 rubles, having updated the maximum since January 2016. The single European currency soared to 99.99 rubles. for the first time since December 2014, RIA Novosti reports.
Meanwhile, the price index of Russian government bonds is falling at the opening of trading by more than 2.5%, falling to the levels of September 2015.
Recall that this morning the Russian stock and currency markets reacted with a panic drop to a sharp aggravation of the conflict around Ukraine and the start of a special military operation of the Russian troops in the Donbass.
Earlier, on February 24, Russian President Vladimir Putin made an emergency appeal to the Russians and announced a special military operation in the Donbass. In his speech, he stated that “circumstances require decisive action from Russia” and stressed that “Russia will not allow Ukraine to have nuclear weapons.”
According to the Russian leader, the plans of the Russian Federation “do not include the occupation of Ukrainian territories,” however, “the Russian Federation considers it important that all the peoples of Ukraine can exercise the right of self-determination.”
Reacting to the Kremlin’s decision, US President Joe Biden, in a special statement, called Russia’s attack on Ukraine unprovoked and unjustified and promised to hold it to account.
For his part, UN Secretary-General António Guterres urged Putin to “stop the soldiers” from attacking Ukraine and give peace a chance.
Source: Rosbalt
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