Russia’s Central Bank to Buy Government Bonds one day ago On Monday, trading will open for government bonds https://www.themoscowtimes.com/2022/03/18/russias-central-bank-to-buy-government-bonds-a76996
The Moscow stock market being closed for a few weeks may have been caused by Ukraine hackers. https://www.forbes.com/sites/thomas...aines-cyber-army-responsible/?sh=4df053fb77ca
Well that was pretty dumb of them. Hackers should stick to coding, not market manipulation. The Moscow exchange will now bounce on re-open after an initial sell-off. It should have remained OPEN during this whole debacle, so the oligarchs could watch their fortunes go down the drain and SELL, SELL, SELL!
Really? ................ “Foreigners accounted for about 48% of the turnover in stocks and bond trading in 2021. After the lifting of restrictions ... there may be a flood of sellers,” he added.
Tomorrow, it will be open for just a few minutes only. Then it will be closed for the rest of the day due to Limit Down. MOEX Russia index peak was on Oct 2021 @4300. The latest price was @2470 on 25 Feb 2022, an almost a 100% drop.
I've see fools talk about 300% drops. e.g. They buy an item at 100 fully paid and sell it for 25 is a 300% drop. 75/25 = 300% loss which is obviously wrong.