THIS MESSAGE (MATERIAL) IS CREATED AND (OR) DISTRIBUTED BY A FOREIGN MASS MEDIA PERFORMING THE FUNCTIONS OF A FOREIGN AGENT AND (OR) A RUSSIAN LEGAL ENTITY PERFORMING THE FUNCTIONS OF A FOREIGN AGENT.
Morning and evening trading sessions on the Moscow Exchange will not be held until March 5, the Bank of Russia said. At the same time, on the afternoon of March 1, it was decided to conduct trading only on the currency and money markets, they will open at 10:00 Moscow time and last until 19:00 Moscow time.
The regulator stressed that it would assess the feasibility of opening trading in other markets “depending on the development of the situation.”
We add that the morning trading on the Moscow Exchange on February 28 after the collapse of quotations at the end of last week was canceled. At the same time, the exchange also postponed the start of the main trading session on the stock market, and then the Bank of Russia announced that there would be no trading in shares on the Moscow Exchange on February 28.
Today, SPB Exchange conducted transactions in a limited mode – only for professional participants only. Trading in shares of foreign companies in the usual mode began here at 17:00, while transactions with securities listed on the London Stock Exchange were decided not to be carried out.
Note that currency trading on the Moscow Exchange on February 28 began at 10:00 Moscow time. Immediately after the start of trading, the dollar reached a new historical high, rising from 83 rubles. to 90 rubles, and the euro has risen in price from 93 rubles. up to 101 rubles
Soon, the Moscow Exchange raised the bar, but the dollar and euro rates immediately jumped to new limits, 95.48 and 107.355 rubles. respectively.
About half an hour later, history repeated itself: the Moscow Exchange raised the limits – the dollar and the euro reached them. First, the exchange rate of the dollar for the first time in its history exceeded 100 rubles, then the American currency rose to 106.445 rubles, and the European one to 119.685 rubles.
For the fourth time, the growth was not so intense: the dollar rose to 109.185 rubles, and the euro to 122 rubles, after which both began to correct downward.
Source: Rosbalt
Tristin is an accomplished author and journalist, known for his in-depth and engaging writing on sports. He currently works as a writer at 247 News Agency, where he has established himself as a respected voice in the sports industry.
