Russian equities ended the week lower, with the MOEX index down 4.29 percent and the RTS down 5.13 percent as the ruble weakened, while banks in Belarus, Kazakhstan and Kyrgyzstan raised fees on nonresidents' cash ruble deposits.
This topic tracks the state of Russia's financial markets and its currency: the ruble-denominated MOEX and dollar-denominated RTS indices in Moscow, the ruble's exchange rate as measured by the central bank, and the terms banks outside Russia set for handling rubles. Reporting comes largely from Russian outlets such as TASS and RBC.
The ruble-denominated MOEX index fell 4.29 percent over the week and the dollar-denominated RTS index lost 5.13 percent, TASS reported on Friday. The central bank put the decline of the ruble's real effective exchange rate in July at 4.7 percent, and banks in Belarus, Kazakhstan and Kyrgyzstan sharply raised fees for cash ruble deposits by nonresidents, according to RBC.