MOSCOW, June 19. /TASS/. The MOEX index moved into negative territory during the main trading session after the Bank of Russia decided to cut its key rate to 14.25% per annum, according to trading data. The ruble strengthened against the yuan in response.
As of 1:25 p.m. Moscow time, before the regulator's decision was published, the MOEX index was up 0.33% at 2,449.22 points, while the RTS index had gained 0.33% to 1,051.76 points. At the same time, the yuan traded at 10.823 rubles (+3.35 kopecks).
As of 1:30 p.m. Moscow time, following the Central Bank's decision, the MOEX index had turned lower and stood at 2,409.53 points (-1.3%), its lowest level since December 18, 2024. The RTS index was also down 1.3% at 1,034.7 points. The yuan moved into negative territory and traded at 10.786 rubles (-0.35 kopecks).
By 1:46 p.m. Moscow time, the MOEX index and the RTS index were both down 1.2%, standing at 2,412.05 points and 1,035.79 points, respectively. The yuan-to-ruble exchange rate stood at 10.797 rubles (+0.8 kopecks).
At the same time, the US dollar gained 17.03 kopecks on Russia's interbank market to 73.49 rubles, while the euro fell 16.5 kopecks to 83.84 rubles.
