Moscow stock index falls 2% in early trading after US announces tougher sanctions against Russia for supporting Ukrainian separatists. 7.55am BSTThere was an early rush of selling on the Moscow stock market, as this graph of the MICEX this week shows: 7.48am BSTGood morning, and welcome to our rolling coverage of the financial markets, the world economy, business and the eurozone.MICEX down 2.4% at the open and RUB hit hard on latest US sanctions which are now targeting Russia’s largest companies[Treasury secretary Jack] Lew imposed sanctions that prohibit US firms from providing financing to two major Russian banks: GazpromBank, the …read more
Source: The Guardian
