Financial markets surged after Russia announced troop withdrawal.
Wednesday, February 16, 2022
Russian and Ukrainian government bonds have risen sharply after reports that Russia is withdrawing some troops from the Ukrainian border, reported Reuters. The Moscow Exchange index added 3.8%, exceeding 3,600 points for the first time since February 10. The RTS dollar index rose by more than 5% to 1509.9 points. After the announcement, the dollar exchange rate fell sharply on the stock exchange and amounted to ₽75.6, which is more than a ruble lower than the closing level of the previous trading day.