The Russian market closed down by 1.02%

by time news

During trading on January 17, the ruble index of the Moscow Exchange at the close of trading fell by 1.02% to 3560.35 points. At the auction during the day, the maximum fall reached 3501.94 points.

The RTS dollar index at the close showed a drop of 0.73% to 1474.99 points. The maximum drop for the day is up to 1445.67 points.

In general, the market fell all day, but rebounded sharply at the end of the session. This happened after the publication of the German newspaper Handelsblatt. The article, citing government sources, reported that the US and the EU are considering targeted sanctions against Russian banks instead of disconnecting them from the SWIFT system.

The fall of the Russian stock market to the level of April 2020 began on January 13 against the backdrop of inconclusive negotiations between Russia and the United States and NATO on the security structure in Europe.

The current dollar and euro rates, as well as quotes of the main indices and stocks on the Moscow Exchange are available on a special page.

Read more about the fall of the Russian stock market in the Kommersant publication “NATO Expansion for Public Debt”.

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