Moscow Exchange, the largest exchange group in Russia, on Thursday (Moscow time) announced it has halted the trading of all markets, as per local media reports.
📉 МоÑбиржа Ñообщила о приоÑтановке торгов на вÑех рынках
— ÐТВ (@ntvru) February 24, 2022
The news comes as the dollar-denominated RTS Index, comprising of leading Russian companies, slumped about 21.5% in the latest 5 sessions amid concerns over rising Russia-Ukraine tensions.
Russian President Vladimir Putin announced military action into Ukraine Wednesday night (Eastern time) and explosions have been heard across multiple cities in Ukraine.
Financial markets are roiled in the aftermath, with the U.S. futures, global markets and cryptocurrencies like Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH) and Dogecoin (CRYPTO: DOGE) are plunging heavily in response to the military action.
