Russian Central Bank reopens Moscow Stock Exchange after almost 1 month

The Central Bank of Russia decided to resume trading of federal loan bonds on the Moscow Exchange on Monday (21).

The decision marks the partial reopening of the local stock exchange after the suspension determined on February 24, when Russia began its invasion of Ukraine, which this week completes one month.

Trading takes place in two periods: in the morning at local time, between 10 am and 11 am (from 4 am to 5 am in Brasília time), in “separate auction mode”, and in the afternoon in Moscow, from 1 pm to 5 pm. hours to 17:00 (from 7:00 to 11:00 GMT), “in the usual format”, according to the Russian Central Bank in a statement.

As the institution informed, short selling will be prohibited, and the hours of operation for the next few days will be announced “soon”.

The information is from the newspaper. The State of São Paulo.

Source: CNN Brasil

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