Financial markets surged after Russia announced troop withdrawal.

Wednesday, February 16, 2022
Financial markets surged after Russia announced troop withdrawal.

 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.

Support independent journalism team

Dear Ukraine Business News reader, we are a team of 20 Ukrainian journalists, researchers, reporters and editors who would humbly ask for your support.

Previous post
The development of the Energy Storage Systems law will increase the stability of the electricity supply.

The development of the Energy Storage Systems law will increase the stability of the electricity supply.

Next post
Gas prices fell below $900 after the Russian troop withdrawal news.

Gas prices fell below $900 after the Russian troop withdrawal news.

Previous Main Topics