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

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...

 

Juiced by the CBR Measures...

 

Charts: bloomberg