Indices on the Moscow Exchange slowed down after falling by 45-50% amid news that Russia launched a special operation in the Donbass.

The Moscow Exchange Index at 13:16 Moscow time fell by 29.04%, to 2188.87 points, the RTS index fell by 33.84%, to 811.53 points.

Earlier Thursday, the Bank of Russia clarified the parameters of the moratorium on the revaluation of securities. The regulator noted that credit institutions and non-bank financial institutions that apply the accounting regulations of the Bank of Russia will be given the right to record equity and debt securities acquired from February 18 to December 31, 2022 at their fair value at the acquisition date.

On February 22, the Central Bank allowed financial institutions to temporarily disregard changes in the current market value of securities. This was done in order to more smoothly adapt financial markets to the changes that have taken place.

bbabo.Net