The Russian stock market responded with growth to Putin’s message to the Federal Assembly
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During the message of President Vladimir Putin to the Federal Assembly, the Moscow Exchange index grew by more than 2%, reaching 2227.82 points. As of 14:08, the index is growing by 1.36%, up to 2,213.34 points. The RTS index rose by 1.38% to 934.12 points.
The dollar exchange rate is growing by 0.28%, to 74.7 rubles/$. In the morning he exceeded 75 rubles/$. The euro began to decline – by 0.15%, to 79.5 rubles / €. The yuan also falls by 0.33% to 10.8 rubles.
The current dollar and euro rates, as well as quotes of the main indices and stocks on the Moscow Exchange are available on a special page.
Today, February 21, Mr. Putin delivered his 18th address to the Federal Assembly. He, in particular, proposed from 2024 raise minimum wage to 19,242 rubles, to increase the insurance of voluntary pension savings to 2.8 million rubles, run preferential housing rental program for employees of defense industry enterprises, as well as urged to the deoffshorization of the economy.
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