Sanctions are falling to 45%

Sanctions are falling to 45%

Main index Russia's MOEXA finished Thursday's 33% lowest after Russia's military action in Ukraine. During the day it dropped to 45%. Russian major energy companies and banks were hit mostly amid expectations that the West would declare stricter sanctions. Gazprom dropped [...]

Russian major energy companies and banks were hit mostly amid expectations that the West would declare stricter sanctions. Gazprom dropped 38% and Rosneft dropped 40%, while VTB and Sberbank banks also dropped more than 40%.

Russian ruble remains at the lowest record level, falling 7% against the US dollar.

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