The Moscow Stock Exchange indices rose, in trading today, Monday, and its ruble-denominated MICEX index rose above the level of 2700 points, for the first time in more than a year.
And by 10:49 Moscow time, the MICEX stock index rose by 0.85% to 2,704.94 points, and thus the index would have risen above the level of 2,700 points, for the first time since April 5, 2022.
The dollar-denominated RTS index rose 0.93% to 1065.31 points, according to Moscow Stock Exchange data.
In the currency market, the dollar exchange rate fell by 10 kopecks (rule = 100 kopecks) to 79.95 rubles, in contrast to the euro, whose exchange rate rose by 22 kopecks to 85.90 rubles.
This article was originally published by RT.