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Russian central bank decides not to reopen stock market trading next week

Randy Mancini 3 Mar 12
FILE PHOTO: A Russian state flag flies over the Central Bank headquarters in Moscow
FILE PHOTO: A Russian state flag flies over the Central Bank headquarters in Moscow, Russia March 29, 2021. A sign reads: "Bank of Russia". REUTERS/Maxim Shemetov/File Photo

March 12, 2022

(Reuters) – Russia’s central bank on Saturday said it has decided not to reopen stock market trading on the Moscow Exchange from March 14-18, with the exception of some non-open-market transactions an transactions using the SPFI payment system.

It said the foreign exchange market, money market and repo market would open at 0700 GMT on those days. The bank said it would announce the operating mode for the following week at a later date.

(Reporting by Reuters; Editing by Kevin Liffey)