Moscow suspends stock trading until March 5

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Moscow suspends stock trading until March 5
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Russia's central bank has shut down the Moscow Exchange until March 5 as the ruble plummets amid surging sanctions over the country's invasion of Ukraine.

The decision comes as the central bank scrambles to try and mitigate steep, coordinated economic sanctions imposed by several other countries, including

the U.S., and as the ruble hit a newA Russian flag flies above the headquarters of Bank Rossii, Russia's central bank, in Moscow on Monday, Feb. 28, 2022.

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