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The main events by the morning: December 24

December, 24 2024

Investors are massively closing their shorts amid the growth of the Moscow Exchange index. The MOEX index has grown by more than 12% over the past two days, which forced investors who bet on its decline to urgently close short positions. Despite the growth, the index remains 13% below the levels of the beginning of the year and 23% below the local maximum recorded in May. A particularly high volume of closing of shorts is observed in the OFZ market.The Central Bank of the Russian Federation warn... Read More

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