Russian Stock Markets Close Higher; Ruble Strengthens Against Yuan
Hızlı Bakış
- Russia's stock markets closed in positive territory on Thursday with the MOEX Index rising 0.7% to 2,658.21 points and the RTS Index gaining 0.8% to 1,119.49 points.
- The yuan strengthened against the ruble by 6.6 kopecks to 10.977 rubles.
- Analysts forecast the dollar will trade between 74-77 rubles and the yuan between 10.85-11.25 rubles.
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This is a routine daily market report from TASS covering Russian stock market performance and currency exchange rate forecasts from two investment firms.
MOSCOW, April 30. /TASS/. Russia’s stock market closed in the green on Thursday as the ruble-denominated MOEX Index added 0.7% to 2,658.21 points, while the dollar-denominated RTS Index gained 0.8% to 1,119.49 points. The yuan exchange rate against the ruble added 6.6 kopecks to 10.977 rubles. BCS World of Investment projects the ruble’s exchange rates at 74.68-76.14 rubles per 1 US dollar, and 10.89-11.15 rubles per 1 Chinese yuan. Pervaya Management Company expects the dollar exchange rate in the range of 74-77 rubles, and the yuan exchange rate in the range of 10.85-11.25 rubles.
