After the close of trading.. Find out the results of the Moscow Stock Exchange on Monday

The Moscow Stock Exchange index closed today, Monday, with an increase of 92.75 points, or 3.33%, compared to the previous day’s close, reaching 2879.42 points.
It also ended higher by 28.74 points, or 3.33%, compared to the close of the previous trading day, reaching 892.10 points.

The exchange rate of the ruble against the dollar, euro and yuan

The Central Bank of Russia set the exchange rates of the main currencies against the ruble.
The exchange rate of the US dollar was raised by 1.30 rubles, compared to the previous day’s price, to reach 100.5281 rubles.
The official euro exchange rate rose by 2.65 rubles, reaching 105.9522 rubles.
While the exchange rate of the Chinese yuan was reduced by 3 kopecks, reaching 13.4434 rubles.

Interest rates in Russia

About a week ago, the Russian Central Bank kept key interest rates unchanged at 21%.
The Russian Central Bank cited tightening monetary policy in light of an ongoing battle with high inflation.

He stated that monetary conditions became tighter than expected with the key interest rate decision in October, pointing to factors that are “independent” of his monetary policy.
He stated that due to the noticeable increase in interest rates for borrowers and the slowdown in credit activity, the achieved tightening of monetary conditions creates the basic requirements necessary to resume the processes of reducing inflation.
As well as bringing inflation back to target, despite current high price growth and high domestic demand.

GDP in Russia

The figures showed that Russia’s gross domestic product rose by 3.6% on an annual basis in November, compared to 3.2% in the previous month.
According to estimates by the Russian Ministry of Economy, the gross domestic product increased by 4% in the period from January to November, and the growth of the Russian economy declined to 3.1% during the third quarter of 2024.
This came against a growth rate in GDP of 4.1% in the second quarter, and compared to an annual growth of 5.4% during the first quarter, according to what was reported by the Russian Statistics Authority.