Ukraine-Russia Conflict: Russian markets remains down at the end of Thursday at 33% lower
By Lokmat English Desk | Published: February 24, 2022 10:58 PM2022-02-24T22:58:48+5:302022-02-24T22:58:59+5:30
Russia’s main MOEX index on Thursday finished at session 33% lower amid the Russian attack over Ukraine. Earlier today ...
Ukraine-Russia Conflict: Russian markets remains down at the end of Thursday at 33% lower
Russia’s main MOEX index on Thursday finished at session 33% lower amid the Russian attack over Ukraine.
Earlier today it crashed almost 45%. The companies which hit the hardest are big Russian energy companies and banks.
Gazprom declined 38% and Rosneft fell 40%, while banks VTB and Sberbank also decreased by more than 40%.
However the Russian ruble remains low at 7% down again US dollar.
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