Monday 15 December 2014

fastFT: Russian equities slide to lowest since 2009 - FT.com

fastFT: Market-moving news and views, 24 hours a day - FT.com:



"The Russian stock market has tumbled to its lowest level since March 2009 as the turmoil in Moscow's financial markets has deepened.



The country's benchmark equity market has tumbled to its lowest level since March 2009 in US dollar terms, and is now almost two thirds below its post-financial crisis peak as the turmoil in Moscow's financial markets has deepened. 




The rouble has also slid to a new low of 61.46 per US dollar today, the government's international borrowing costs have climbed above Rwanda's and the corporate bond market has been convulsed by a wave of selling."



'via Blog this'

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