Russia's central bank reopened bond trading on the Moscow exchange Monday for the first time since the invasion of Ukraine began nearly a month ago.
Stock trading remained closed.
The Bank of Russia said in a statement it had decided to resume trading in federal government bonds Monday. It said a schedule of the Moscow Exchange for the following days would be published at a later time.
The central bank bought bonds to support prices. The bank has imposed wide-ranging restrictions on financial transactions to try to stabilize markets and combat the severe fallout from Western sanctions that have sent the ruble sharply lower against the U.S. dollar and the euro, NBC News reports.
