Russian stock exchange won't reopen on Monday

Russian rouble
(Image credit: Max Zolotukhin/iStock)

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.

SUBSCRIBE & SAVE
https://cdn.mos.cms.futurecdn.net/flexiimages/jacafc5zvs1692883516.jpg

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.

Sign up
Grayson Quay

Grayson Quay was the weekend editor at TheWeek.com. His writing has also been published in National Review, the Pittsburgh Post-GazetteModern AgeThe American ConservativeThe Spectator World, and other outlets. Grayson earned his M.A. from Georgetown University in 2019.