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.

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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.