The ruble-denominated Micex Index fell 17 percent to 881.17 yesterday in Moscow, after trading was suspended for an hour and then reopened for three minutes. Yesterday's decline was the biggest since Bloomberg started tracking the gauge in May 2001, and the largest fluctuation among equity indexes included in global benchmarks. 3 large Russian Banks have liquidity problems , requiring US$44B to grease the workings ?????
MXX was down again last night just under 4%
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