OREANDA-NEWS  The Russian stock market has fallen to its lowest level since December 2024. This is evidenced by the bidding data.

On Tuesday, the Moscow Stock Exchange index (IMOEX) continued to fall amid lower oil prices and continued geopolitical tensions in the world, including expectations of a new package of restrictions against Russia from the European Union. With the strengthening of the national currency, the indicator fell to the area of 2,540 points, updating the minimum since December 19, 2024.

The index fell by 1.4 percent during the day. The RTS index (the Russian trading system, reflecting the dynamics of the most liquid stocks of the largest Russian issuers) fell 0.3 percent to 1001.3 points. The securities of the PIK developer fell the most during the day (minus eight percent).

Meanwhile, in the Russian interbank market, the dollar fell to 78.75 rubles, which was the lowest since the end of July this year. In the Forex market, the Russian currency soared to its highest level since August, reaching 79.2 rubles per dollar. The trend is explained by a revision of the expectations of market participants and experts regarding the movement of the key rate. Experts assume that the Central Bank will not ease monetary policy until the end of the year.