All posts in " bite "

US sanctions take bite out of Russian stocks & ruble

Russian currency and stocks on the Moscow Exchange dropped significantly on Monday after Washington expanded the sanctions list against Russian businessmen and companies. The ruble-traded MICEX index fell 7.5 percent, while the dollar-denominated RTS index suffered a 10 percent loss in value, dropping to the lowest level since September last year. Read more The ruble […]

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