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Russia’s stock market to remain shut as economy plunges to golgotha

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The Moscow Exchange (MOEX) has confirmed it will remain shut for this business week in a statement, but the foreign exchange, money and repo markets will open on certain days.

Trading operations were suspended on February 25, after MOEX plunged 33.3% on 24 February.

However, the Russian Central Bank will decide whether to extend the closure for a fourth week at a later date.

 

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