Russian Stock Market and Yuan Decline at Session Open
En resumen
The Russian stock market, represented by the MOEX and RTS indices, began the main trading session with a decline, while the yuan also fell against the ruble on the Moscow Exchange.
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Por qué importa
The Russian stock market indices and the yuan exchange rate began declining at the start of the main trading session on the Moscow Exchange.
MOSCOW, July 23. /TASS/. The Russian stock market is declining at the start of the main trading session, according to Moscow Exchange data. The yuan exchange rate is also falling.
As of 10:00 Moscow time, the MOEX and RTS indices at the opening of the main trading session were down 0.13%, to 2,133.43 and 856.42 points, respectively. The yuan fell by 2.5 kopecks against the ruble compared with the previous session's close to 11.51 rubles.
By 10:25 Moscow time, the MOEX index had extended its decline to 2,123.88 points (-0.57%), while the RTS index stood at 852.58 points (-0.57%). At the same time, the yuan was down to 11.53 rubles (-1 kopeck).
Preguntas abiertas
- What factors are driving the market decline?
- How will the market perform throughout the day?
