Russian stock market continues to trend upwards in April
15 May 2024
News
As of the end of April, the MOEX Russia Index gained 4.1%, hitting a new record high over the past two years.
The ruble exchange rate was relatively stable, including because monetary policy remained tight. Households’ demand for foreign currency decreased, while the amounts sold by exporters were still high, which also supported the ruble.
More details are available in the new issue of the Financial Market Risks Review.
Preview photo: Asharkyu / Shutterstock / Fotodom