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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 PM

Russia’s main MOEX index on Thursday finished at session 33% lower amid the Russian attack over Ukraine.Earlier today ...

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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.

 

 

Tags: Russia Ukraine conflict
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