The foreign exchange market in Moscow will open three hours late, at 10:00 local time (09:00 Cyprus time), while there will be no Forex Repo transactions, the Moscow Stock Exchange announced.
The announcement comes as the ruble plunged to historic lows against almost all other currencies in the wake of the harsh sanctions announced against Russia over its invasion of Ukraine.
Meanwhile, in early trading on international financial markets, the ruble was down almost 27%, at 114.33:1 against the US dollar.
(CNA)
CNA - Reuters
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