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.
-
Who is Charles Grassley?In the Spotlight The Senate Judiciary Committee chairman in charge of Trump's legal agenda
-
The best TV series with multiple timelines right nowThe Week Recommends Narratives that spend significant time in two or more stories can be especially rewarding
-
'The Mountain West has acquired a whole new mythos, updated for the high-tech era'Instant Opinion Opinion, comment and editorials of the day
-
Chinese AI chatbot's rise slams US tech stocksSpeed Read The sudden popularity of a new AI chatbot from Chinese startup DeepSeek has sent U.S. tech stocks tumbling
-
US port strike averted with tentative labor dealSpeed Read The strike could have shut down major ports from Texas to Maine
-
Biden expected to block Japanese bid for US SteelSpeed Read The president is blocking the $14 billion acquisition of U.S. Steel by Japan's Nippon Steel, citing national security concerns
-
Judges block $25B Kroger-Albertsons mergerSpeed Read The proposed merger between the supermarket giants was stalled when judges overseeing two separate cases blocked the deal
-
Rupert Murdoch loses 'Succession' court battleSpeed Read Murdoch wanted to give full control of his empire to son Lachlan, ensuring Fox News' right-wing editorial slant
-
Bitcoin surges above $100k in post-election rallySpeed Read Investors are betting that the incoming Trump administration will embrace crypto
-
Enron mystery: 'sick joke' or serious revival?Speed Read 23 years after its bankruptcy filing, the Texas energy firm has announced its resurrection
-
Russia's currency crisis as sanctions biteThe Explainer Rouble plunges to lowest rate against dollar since invasion of Ukraine as economic toll finally begins to be felt
