January 24, 2022
NATIONALISM DOESN'T WORK:
Russian stocks sink 9%, ruble plunges to 14-month low as conflict fears intensify (Elliot Smith, 1/24/22, CNBC)
Approaching noon in Europe, the MOEX Russia Index had dropped around 7% and is now down more than 15% year-to-date. The Russian RTS Index was down 8.8% on the day and around 20% lower so far in 2022.The Russian ruble was down 1.5% against the dollar at 78.53, its lowest since late 2020.
Posted by Orrin Judd at January 24, 2022 12:00 AM