The Bank of Russia has announced that the Moscow Exchange will not resume stock trading for the third day in a row on Wednesday with limited exceptions allowed.
Russian exchange-traded funds (ETFs) continued to plunge on Tuesday amidst piling sanctions. Earlier on that day, Visa, Mastercard and American Express blocked the country’s financial institutions from their networks.
The Exchange’s opening hours will announced at 9:00 a.m. Moscow time (1 a.m. ET) on Thursday, said The Bank of Russia in a statement on Wednesday, NBC reports.
