Russian stock market grows and ruble remains stable in November
10 December 2025
News
The stock market resumed growth in November after two months of decline: the MOEX Russia Index was up by 6.0%. Sectoral indices also rose, with most of them demonstrating the highest total returns over the month among the Russian financial market instruments. Foreign currency instruments, including cryptocurrencies, showed the worst results.
OFZ yields declined, most significantly at the far end of the curve. This was caused by the offering of two large issues of securities with variable coupon income.
Sales of foreign currency by exporters decreased to $6.9 billion. Furthermore, demand for currency also declined, which supported the ruble.
More details are available in the new issue of the Financial Market Risks Review.
Preview photo: Song about summer / Shutterstock / Fotodom