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Financial Markets in Moscow Collapsed
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July 16, 2008 09:27
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Financial Markets in Moscow Collapsed. Russia`s two leading stock exchanges were forced to close for several hours on Tuesday, after suffering massive falls in value. Falls on the dollar-denominated Russian Trading System (RTS) index and the rouble-denominated Micex (Moscow Interbank Currency Exchange) were the steepest declines for a market that was booming until recently. Since May, the RTS index has dropped more than 60%. Pictured: Moscow Interbank Currency Exchange - Micex


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