Russians may suffer a significant loss of purchasing power if the exchange closes and the ruble plunges It was reported by the site that the Central Bank of Russia once again suspended trading on the nation’s leading Moscow stock exchange (MOEX) on Wednesday, and it won’t be open on Thursday. As a result of Russia’s ongoing military campaign in Ukraine, trading on MOEX has been stopped since Feb. 25. Over the course of the past month, the exchange’s index has lost over 34% of its value (without taking inflation into account) as Western leaders imposed crippling sanctions on Russia.Additionally, the MOEX website has been offline since Monday, with Ukraine’s IT army claiming responsibility for the “hack.” Meanwhile, the Saint Petersburg Stock Exchange (SPB) also remains closed but will open for limited trading on Thursday. Meanwhile, Dow Jones Russia GDR Index, which represents Russian stocks traded on the London Stock Exchange, has lost 93% of its value in the last five trading days,
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