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Russia stocks higher at close of trade; MOEX Russia Index up 0.59%

Russian stocks gained on Friday, driven by Telecoms, Mining, and Power sectors. The MOEX Russia Index rose 0.59%, with Rostelekom and Polyus among top performers.

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Analysis-Russia braces for more tax rises to fund the Ukraine war

Russia's ballooning military budget requires further tax increases amid economic challenges and high inflation, risking spending cuts in social services and national projects.

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Russia stocks higher at close of trade; MOEX Russia Index up 0.94%

Russian stocks rose 0.94% with strong performance in Power, Mining, and Oil & Gas sectors, while gold and crude oil futures also showed increases.

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Russia stocks lower at close of trade; MOEX Russia Index down 3.16%

Russian stocks fell amid significant losses in key sectors, with the MOEX Index dropping 3.16%. Notably, Gazprom and Rostelekom saw substantial declines. Commodities varied.

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Russia stocks lower at close of trade; MOEX Russia Index down 2.08%

Russia stocks fell sharply, led by losses in Telecoms and Oil sectors, with the MOEX Russia Index hitting a new low. VK Company shares hit 52-week lows.

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Russian central bank hikes benchmark rate to 21%, highest since 2003

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Russia stocks lower at close of trade; MOEX Russia Index down 0.60%

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Putin says existing BRICS infrastructure is enough for cross-border payments

Russian President Putin announced no new system for BRICS cross-border payments, citing existing infrastructure as adequate to handle trade challenges among member countries.

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Russia stocks lower at close of trade; MOEX Russia Index down 0.48%

Russian stocks declined, led by losses in Power, Telecoms, and Mining sectors, with PIK hitting a 52-week low and Polyus reaching a 52-week high.

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Russia stocks higher at close of trade; MOEX Russia Index up 0.54%

Russia's stock market saw gains due to Mining and Oil sectors. The MOEX Russia Index rose 0.54%, while numerous stocks experienced varying performances.