: :inin Kyiv (EET)

Finance: Russian markets are getting slammed as fresh sanctions take hold


The benchmark MICEX index lost as much as 10% at one point on Monday
Russian markets are getting slammed on Monday, with the country’s RTS Index losing more than 11% by 4.2o p.m. BST (11.20 a.m. ET; 6.20 p.m. in Moscow).
“The US sanctions imposed on Russia last Friday have caused turmoil in Russia’s markets today and financial conditions have tightened as a result. But at this stage it doesn’t look like there will be a significant impact on growth in the economy as a whole,” William Jackson, a senior emerging markets economist at Capital Economics said. …read more

Source: Pulse Nigeria

World press about Ukraine

This website is created to observe information about Ukraine in the world media. More information about press.uaposition.com you can read here

World press category: terms & conditions