OREANDA-NEWS  At the beginning of trading on Monday, October 6, the Moscow Exchange index fell to 579.19 points, which was the lowest since December 20, 2024. This is evidenced by the data of the site.

As of 10:40 Moscow time, it has adjusted to 2,608 points. The RGBI index of Russian government bonds, on the contrary, started the trading week with a slight increase.

The ruble is declining against the yuan on the stock exchange. The Chinese currency rose to 11.6 rubles. The dollar is trading at 82.5 rubles on the Forex market.

The decline in the value of Russian stocks is due to the increasing complexity of the geopolitical situation, which is reflected in tougher rhetoric from Russia, Europe and the United States. This, in turn, does not allow us to hope for an early end to hostilities in Ukraine and at least a partial lifting of sanctions.

The revision of expectations regarding the dynamics of the key rate also has an impact. A number of experts are ready to assume that by the end of the year the Central Bank will keep it at the current level of 17 percent due to accelerating inflation, lower unemployment, higher taxes and uncertainty about federal budget spending.