Russia’s Central Bank said Saturday it will not resume trading on the Moscow Stock Exchange in the equity market during the week of March 14.
The Bank of Russia also said via its website that the foreign currency market will reopen at 10 a.m. local time (2 a.m. ET) on Monday and commodity trading will also resume then.
As for stock market operations during the week of March 21, the central bank indicated that it will make an announcement at a later date.
The exchange has been closed since Russia’s invasion of Ukraine, as the United States, European Union and other Western allies imposed sanctions and the Russian ruble plunged to record lows against the US dollar.
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