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Stock Market Trading To Remain Closed This Week

RUSSIA

The Bank of Russia says in a Telegram post that it has "decided not to resume trading in the period from March 14 to March 18, 2022 on the Moscow Exchange in the stock market section, with the exception of the "Redemption: Direct Orders" mode with settlements in rubles, as well as in the SD market section."

  • "Trading on the foreign exchange market, money market, repo market of the Moscow Exchange will open at 10:00 Moscow time" (07:00 GMT).
  • "The working hours of the Moscow Exchange for the week from 21 to 25 March 2022 will be announced later."
  • The announcement contradicts last week's source report from Vedomosti, which claimed that the authorities were "thinking about gradually resuming trading on the organized securities market" from the coming week.

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