Russia’s central bank on Saturday said it has decided not to reopen stock market trading on the Moscow Exchange from March 14-18, with the exception of some non-open-market transactions an transactions using the SPFI payment system.
Highlights
- Russia’s central bank has decided not to reopen stock market trading on the Moscow Exchange from March 14-18.
- The foreign exchange market, money market and repo market would open at 0700 GMT on those days.
- The bank said it would announce the operating mode for the following week at a later date.
- It said the bank would announce its operating mode on the next two days at later a later later this week.
- The move is the exception of some non-open-market transactions using the SPFI payment system, the central bank said in a statement on the decision to re-open the market on March 14 and March 18, said the announcement was made in advance of a later announcement.