Russian Central Bank "Stock Market Closed on March 1 as Well"
[Asia Economy New York=Special Correspondent Joselgina] Following the Moscow Stock Exchange closure on the 28th (local time) by the Central Bank of Russia, it announced plans to remain closed on March 1st as well.
The daily Guardian reported this, citing the Central Bank of Russia.
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Earlier, Western countries including the United States and Europe imposed additional sanctions on Russia for its invasion of Ukraine, designating the Central Bank of Russia as a sanction target and excluding some Russian banks from the Society for Worldwide Interbank Financial Telecommunication (SWIFT) payment network. As a result, the value of the Russian ruble and the stock market plummeted.
This content was produced with the assistance of AI translation services.
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