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  Tuesday, August 20, 2019
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Russia's two main stock exchanges, MICEX and the RTS, opened
Russia's two main stock exchanges, MICEX and the RTS, opened on Wednesday with their key indexes going up after comments by U.S. Federal Reserve Chairman Ben Bernanke.

In his testimony to U.S. Congress on Monday, Bernanke said that the recession in the world's largest economy could end this year and the U.S. monetary authorities had no plans to nationalize banks. The comments were welcomed by global trading floors, sending stocks up.

As of 10:45 a.m. Moscow time (07:45 GMT), the index of the ruble-denominated MICEX climbed 2.98% to 648.09 points while the dollar-denominated RTS surged 2.04% to 535.40 points.


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