The RTS dollar index rose above 1500 points for the first time since January 17. This on Wednesday, February 9, follows from the data of the Moscow Exchange.
The RTS index by 10:04 Moscow time rose by 1.34% to 1509.39 points. The Russian stock market continues to grow against the backdrop of stabilization of the geopolitical situation and an increase in the cost of futures for US indices.
Earlier in the day, the Moscow Exchange index during trading rose to 3,600.47 points (+1.37%) for the first time since January 17.
On January 12, a group of Democratic senators in the United States presented a bill providing for the introduction of new sanctions against Russia in case the situation around Ukraine worsens. Senators promised to ban transactions with the primary and secondary state debt of the Russian Federation.
The next day, the Russian stock market fell more than 2%. The Moscow Exchange index then fell below 3600 points for the first time since May 4, 2021. The RTS index fell to 1,490 points – it fell below 1,500 points for the first time since May 2021.
On January 24, the Moscow Exchange index lost about 6% during trading during the day, having updated the minimum levels on December 8, 2020, and the RTS dollar index during trading fell by 8.03%, dropping below 1300 points, for the first time since December 2020.
Recently, articles about the allegedly possible Russian invasion of Ukraine have periodically appeared in the Western media. Against this background, American lawmakers called for tougher sanctions against Moscow. Russia has repeatedly rejected reports of an allegedly possible invasion of Ukrainian territory.
Source: IZ
Jane Stock is a technology author, who has written for 24 Hours World. She writes about the latest in technology news and trends, and is always on the lookout for new and innovative ways to improve his audience’s experience.
