Russian stocks suffer worst day since start of Ukraine offensive ...News

Economy by : (Russia Today) -
Geopolitical tensions and the falling oil price are driving the plunge The Russian stock market accelerated its decline on Monday, losing 10% by 10:00 GMT, trading data showed. The ruble-traded MICEX Index fell below 1,900 points for the first time since February 24, when Russia started its military operation in Ukraine, and the dollar-denominated RTS was also down 10%. “The Russian equity market has gone sharply down in recent days amid geopolitical risks, exacerbated by general negative trends in global equity markets and falling commodity prices,” business daily RBK quoted experts from BCS investment company as

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