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Home > Russian Stocks Soar 17% - Most Since 2008; Ruble Back Below 62/USD

Russian Stocks Soar 17% - Most Since 2008; Ruble Back Below 62/USD

By Tyler Durden
Created 12/17/2014 - 10:05
Tyler Durden's picture [1]
Submitted by Tyler Durden [1] on 12/17/2014 10:05 -0500



 

After falling for 15 of the last 16 days, the RTS (Russian Stocks) are surging 17% today, extending gains post CBR 7 Measures, the most since October 2008.The Ruble is soaring also - back below 62/USD.

RTS biggest gain since Oct 2008...

[2]

 

Juiced by the CBR Measures...

[3]

 

Charts: bloomberg

 

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Source URL: http://www.zerohedge.com/news/2014-12-17/russian-stocks-soar-17-most-2008-ruble-back-below-62usd

Links:
[1] http://www.zerohedge.com/users/tyler-durden
[2] http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2014/12/20141217_RTS1.jpg
[3] http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2014/12/20141217_RTS2.jpg