Russian stocks close in the green on Friday

MOSCOW, September 18. /TASS/. Russia’s stock market closed in the green on Friday as the ruble-denominated MOEX Index grew by 1.3% to 2,278.06 points, while the dollar-denominated RTS Index added 1.67% to 852.33 points. The yuan exchange rate against the ruble rose slightly to 12.58 rubles.

BCS World of Investment projects the dollar exchange rate for Monday at 83-85 rubles, and the yuan at 12.3-12.6 rubles.

Freedom Global believes the MOEX Index could trade within the 2,250-2,350-point range on September 21. Forecasts for the dollar, euro, and yuan exchange rates for Monday are 83-85 rubles, 96-98 rubles, and 12.4-12.8 rubles, respectively.

According to Tsifra Broker, the ruble could receive additional support from the tax period next week, while exchange rates could move toward the lower ends of the ranges of 12.4-12.8 rubles per yuan, 83-86 rubles per dollar, and 96-100 rubles per euro.