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Drawbacks of centralization: Moscow Stock Exchange remains offline amid ongoing Russo-Ukrainian war

In addition, MOEX’s main website has been offline since Monday, with Ukraine’s “IT army” allegedly taking credit for the “hack.” Meanwhile, Russia’s Saint Petersburg Stock Exchange (SPB) also remains closed but will open for limited trading on Thursday. In the meantime, the Dow Jones Russia GDR Index, which tracks the value of Russian stocks listed on the London Stock Exchange, has lost 93% of its value in the last five trading days, implying disastrous losses ahead when Russian markets open.

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Source: Cryptocurrency - investing.com

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