The indices of the Moscow stock market as well as the Russian ruble fell on Wednesday, and after the announcement of the relative mobilization of the Russian president in this country, experts showed that dealers are playing with the psychological factor.
By 10:11 Moscow time, the stock index of the Russian Stock Exchange in ruble MICEX decreased by 2.64% to 2157.30 units.
According to the data of the Moscow Stock Exchange, while the RTS dollar stock index decreased by 3.85% to 1115.64 units.
Russia’s currency, the ruble, was also under pressure as the dollar gained 60 kopecks (ruble = 100 kopecks) to 61.19 rubles, while the euro edged up 3 kopecks to 60.48 rubles.
The withdrawal came after Russian President Vladimir Putin announced the partial mobilization of the country’s reserves and combat-experienced forces.
Experts believe that the decline of the ruble and the Russian stock market is temporary, as speculators take advantage of the psychological factor, as experts stressed that indicators of the Russian economy are strong.
Source: Lebanon Debate
