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On Monday, August 24, world stock markets were down substantially, wiping out all gains made in 2015, with interlinked drops in commodities such as oil, which hit a six-year price low, copper, and most Asian currencies - with exception of the Japanese yen - losing value against the United States dollar. With this plunge, an estimated ten ...
In the weeks following 17 August, one US dollar went from being worth 6.43 rubles to being worth over 21 rubles. The Russian financial crisis (also called the ruble crisis or the Russian flu) began in Russia on 17 August 1998. It resulted in the Russian government and the Russian Central Bank devaluing the ruble and defaulting on its debt.
Russian financial crisis (2014–2016) Annual percentage GDP growth rate of Russia, 2008–2017. Yearly inflation in Russia since 2008. Capital outflow from Russia, billions of USD. The financial crisis in Russia in 2017 (from 2014) [1] [2] was the result of the sharp devaluation of the Russian rouble beginning in the second half of 2014.
The Russian stock market is called the Moscow Exchange. The MOEX Russia Index is an ETF that tracks the Moscow Exchange. As of June 26, 2022, this fund was down 37.45% in the past year.
Major Russian stock market RTS Index with S&P 500 and Oil Spot Prices. All data are in percentages to 1 May 2008 values. A – Vladimir Putin criticises Mechel; B – 2008 South Ossetia war starts; C – Recognition of Abkhazia and South Ossetia by Russia; D – Alexei Kudrin "no systematic crisis" speech; E – measures to save major banks are adopted by the Russian government; F – 2007 ...
The New York Stock Exchange (NYSE), meanwhile, halted trading in Russian real estate database company Cian, which also is officially based in Cyprus. Yesterday, Nasdaq alerted its four companies ...
The value of the transaction, which will include the sale of all Yandex N.V. businesses in Russia and a handful of neighboring markets, will amount to around 475 billion rubles ($5.2 billion ...
COVID-19 recession. On 20 February 2020, stock markets across the world suddenly crashed after growing instability due to the COVID-19 pandemic. It ended on 7 April 2020. Beginning on 13 May 2019, the yield curve on U.S. Treasury securities inverted, [1] and remained so until 11 October 2019, when it reverted to normal. [2]