Home Archive Organization Program News Contact
PDF download
Cite article
Share options
Informations, rights and permissions
Issue image
Vol 12, Issue 1, 2022
Pages: 354 - 360
Review Scientific Paper
See full issue

This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited. 

Metrics and citations
Abstract views: 7
PDF Downloads: 0
Google scholar: See link
Article content
  1. Abstract
  2. Disclaimer
Received: >> Accepted: >> Published: 05.06.2022. Review Scientific Paper

THE IMPACT OF THE UKRAINIAN WAR ON THE MOSCOW STOCK EXCHANGE

By
Turdean Cosmina Maria ,
Turdean Cosmina Maria

Faculty of Engineering in Hunedoara, Politechnic University of Timisoara , Hunedoara , Romania

Benea Marius Călin
Benea Marius Călin

Faculty of Engineering in Hunedoara, Politechnic University of Timisoara , Hunedoara , Romania

Abstract

 The history of the Russian Stock Exchange is very rich. The first stock exchange was founded in St. Petersburg in 1703, it was a trade in goods. In Moscow, the trading platform was opened more than a century later, in 1839, and trading on Russian stock exchanges began in the 1860. Russia's invasion in Ukraine has roiled global markets. Inflation and the prospect of higher interest rates were already contributing to market volatility. Now, global sanctions and the day-today events in Ukraine have made navigating volatile markets even more difficult. The Russian shares were last traded on the Moscow Stock Exchange on February 25th, when central bank then decided to halt stock trading to protect Russian investors from the impact of Western sanctions imposed as a result of what Russia calls a "special military operation" in Ukraine. The Moscow Stock Exchange resumed trading with shares on 24-th of March, after a month in which it was closed due to the volatility generated by the Russia-Ukraine war, which broke out on February 24-th. The economic effects of the Ukrainian war will be felt beyond its borders, and those of Russia, and will complicate the overall equation of exiting the crisis and maintaining a sustainable recovery in the short and medium term. 

The statements, opinions and data contained in the journal are solely those of the individual authors and contributors and not of the publisher and the editor(s). We stay neutral with regard to jurisdictional claims in published maps and institutional affiliations.