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.
Financial markets surged after Russia announced troop withdrawal.
Financial markets surged after Russia announced troop withdrawal