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The Russian Central Bank has announced in a statement that the Moscow Stock Exchange will remain closed until March 8.
The closing of the stock exchange includes trading and settlements in all markets of the Moscow Stock Exchange.
While announcing the closure of the Moscow Stock Exchange this Friday for trading, he immediately added the extension of this deadline.
This decision came as a result of the imposition of Western sanctions on Russia over the past weekend, which has led to the complete non-functioning of the Stock Exchange during the week.
US President Joe Biden on Thursday announced new sanctions against Russian oligarchs.
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