Moscow Exchange and SPB Exchange suspended trading due to market collapse amid Russia’s military operation – Rosbalt

Moscow Exchange and SPB Exchange suspended trading due to market collapse amid Russia’s military operation – Rosbalt

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The Moscow Exchange was forced to suspend trading on Thursday morning after the collapse of the stock and currency markets amid the announcement of a special military operation by Russia because of the Donbass.

“Trading in all markets has been suspended. The resumption will be announced additionally, ”the Moscow Exchange said in a statement.

In turn, “SPB Exchange” also decided to suspend trading – from 8:10 Moscow time, and the time of their resumption will be announced additionally.

Recall, 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 president, 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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