Russian stock market declines at start of trading session

Russian stock market declines at start of trading session The yuan rose by 5.45 kopecks from the previous trading session’s closing level to 12.391 rubles at the opening of Moscow Exchange tradingMOSCOW, August 24. /TASS/. The Russian stock market is declining at the start of the main trading session, according to Moscow Exchange data. The yuan exchange rate is rising. As of 10:00 Moscow time, the MOEX and RTS indices fell by 2.01%, to 2,092.01 and 794.77 points, respectively. The yuan rose by 5.45 kopecks from the previous trading session’s closing level to 12.391 rubles at the opening of Moscow Exchange trading. By 10:15 Moscow time, the MOEX index’s decline had accelerated, with the index reaching 2,074.63 points (-2.83%), while the RTS index stood at 788.14 points (-2.83%). Meanwhile, the yuan stood at 12.385 rubles (+4.85 kopecks). 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