Russia's central bank announced Saturday that the Moscow Exchange will not reopen on Monday, though commodity and foreign currency trading will resume, CNN reports.
The Moscow Exchange closed on Friday, Feb. 25, the day after Russian forces invaded Ukraine, and has remained closed ever since. The following Monday, Reuters reported, Russia's central bank banned foreign individuals and entities from selling Russian securities.
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
-
Israel's plan for confining all Palestinians in 'humanitarian city'The Explainer Defence minister wants to establish zone in Gaza for displaced people – which they would not be allowed to leave – prompting accusations of war crimes
-
Secluded retreats for aspiring writersThe Week Recommends These tranquil hideaways are the perfect place to put pen to paper
-
The Velvet Sundown: viral band that doesn't actually existIn the Spotlight These AI-generated rock hits are brought to listeners by… no one
-
Dollar faces historic slump as stocks hit new highSpeed Read While stocks have recovered post-Trump tariffs, the dollar has weakened more than 10% this year
-
Economists fear US inflation data less reliablespeed read The Labor Department is collecting less data for its consumer price index due to staffing shortages
-
Is the EU funding Russia more than Ukraine?The Explainer EU remains largest importer of Russian fossil fuels despite sanctions aimed at crippling Kremlin's war effort
-
Crypto firm Coinbase hacked, faces SEC scrutinySpeed Read The Securities and Exchange Commission has also been investigating whether Coinbase misstated its user numbers in past disclosures
-
Starbucks baristas strike over dress codespeed read The new uniform 'puts the burden on baristas' to buy new clothes, said a Starbucks Workers United union delegate
-
Warren Buffet announces surprise retirementspeed read At the annual meeting of Berkshire Hathaway, the billionaire investor named Vice Chairman Greg Abel his replacement
-
Trump calls Amazon's Bezos over tariff displaySpeed Read The president was not happy with reports that Amazon would list the added cost from tariffs alongside product prices
-
How the US bond market works – and why it mattersThe Explainer Donald Trump was forced to U-turn on tariffs after being 'spooked' by rise in Treasury yields
