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 Russian Presidential Aide Vladimir Medinsky, left, and Russian State Duma member Leonid Slutsky, followed by the Ukrainian delegation arrive for Russian-Ukrainian talks in Belarus on February 28. (Alexandr Kryazhev/ Sputnik/AP)

  Ukraine-Russia talks start in Belarus  

Talks between Ukrainian and Russian delegations in Belarus began just before 1 p.m. Ukrainian time (6 a.m. ET) on Monday.

Ukraine's delegation includes several high-ranking officials, but not Ukraine's President Volodymyr Zelensky himself.

The country demanded an “immediate ceasefire and withdrawal of Russian troops” in the lead-up to the meeting.

The Moscow stock exchange will stay closed on Monday

Moscow's stock exchange will not open Monday, the Russian Central Bank said, after the country's currency plummeted in the wake of Western sanctions.

“Due to the current situation, the Bank of Russia has decided not to open a stock market section, a derivatives market section, or a derivatives market section on the Moscow Exchange today,” the statement from the bank read. 

The Russian Central Bank also said it would announce the opening times for Tuesday on the day, at 9:00 a.m. local time (1 a.m. ET) 

The suspension of trading comes after the Russian currency, the ruble, plunged nearly 30% on Monday, as markets began to assess the impact of sanctions imposed by the United States and NATO allies on Russia over its invasion of Ukraine.