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Russia’s Stock Market

All aggression is about power, Nothing excerpts power like money

Despite Russian military strength, the markets meltdown in the country yesterday highlights President Vladimir Putin’s vulnerabilities, Matt writes.

  • Russian stocks suffered their worst day in history. The ruble-denominated Moex dropped more than 30%. The dollar-denominated RTS index was down 38%.
  • The ruble plunged to a record low against both the dollar and the euro.
  • Russia’s central bank said it would intervene in markets to blunt the decline of the ruble. It also instructed brokerage firms to suspend short selling, amid the stock market carnage.
  • Russian government bond prices dove (more on that later).

Axios Markets By Emily Peck and Matt Phillips ·Feb 25, 2022

3 thoughts on “Russia’s Stock Market”

  1. Good blog! I truly love how it is easy on my eyes and the data are well written. I am wondering how I might be notified when a new post has been made. I have subscribed to your RSS feed which must do the trick! Have a great day!

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