Russian Military Operation Speed... Moscow Exchange Suspends Trading

Published 24 Feb.2022 14:59(KST)

[Image source=Yonhap News]

[Asia Economy Reporter Kim Hyunjung] The Moscow Exchange announced on the 24th that it will suspend trading in all markets until further notice.

Earlier, Russian President Vladimir Putin approved a "special military operation" in Ukraine during the early hours. In an emergency speech, President Putin declared the special operation in the Donbas region of eastern Ukraine, stating, "We cannot tolerate the threat from Ukraine."

Missile attacks by Russia are occurring in various locations, including the Ukrainian capital Kyiv, and U.S. President Joe Biden has condemned Russia's military operation as an unprovoked invasion, emphasizing that the U.S. and its allies will immediately impose severe sanctions.