Moscow Exchange (MOEX) has published its monthly trading volumes for January 2023, reporting a decline across the board.
During the previous month, the Russian markets operator reported that most sections of the market slipped on a monthly, as well as on yearly basis.
The total trading volumes across the exchange’s markets reached RUB 82.3 trillion in January. The numbers dropped 13% compared to December 2022’s 94.6 RUB trillion. On yearly basis, this was a 5.6% decrease compared to the January last year.
FX market trading volume came in at RUB 16.9 trillion during last month, seeing a 19.5% decrease compared to previous month. The numbers fell 37.4% compared to January 2022.
The total trading volume on the Equity and Bond market also witnessed drops reaching RUB 1.6 trillion. The numbers were almost 62% lower than December 2022 when it was RUB 4.2 trillion. On yearly basis, this was a 68% drop.
Experienced writer and journalist, working in the global online trading sector, Steffy is the Editor of LeapRate. She has previous experience as a copywriter and has been with the company since January 2020. Steffy has a British and American Studies degree from St. Kliment Ochridski University in Sofia.