The dollar exchange rate against the ruble gained 28.5 kopecks to 58.68 rubles compared with the previous closing as Tuesday trading opened on Moscow Exchange.

The dollar exchange rate against the ruble gained 28.5 kopecks to 58.68 rubles compared with the previous closing as Tuesday trading opened on Moscow Exchange.

Russia’s stock market closed in the green on Monday as the MOEX Index plunged by 7.49% to 1,933.35 points, while the RTS Index lost 8.62% to 1,043.44 points.

As of 10:05 a.m. Moscow time, the MOEX index was at around 1,999.47 points (-4.33%), the RTS index lost 5.5% and amounted to 1,079.01 points.

The dollar rose by 26 kopecks to 58.18 rubles at the opening of trading on the Moscow Exchange on Monday.

At the end of the week the Russian stock market was again dominated by sellers.

Trading on Moscow Exchange’s equity market shrank roughly five-fold since the beginning of this year.

The scale of spot trading (with immediate settlement) in the yuan-ruble pair (CNY/RUB) soared 44-fold since the beginning of 2022 to 1.555 trillion rubles ($27 bln).

As of 11:47 am Moscow time the euro exchange rate was down by 1.3% at 56.87 rubles.

Russia’s stock market went down at the beginning of the main session on Moscow Exchange on Friday.