EconomyPutin says Russian stock market is only ‘slightly in the red’ as losing streak hits longest since 2008
At the Eastern Economic Forum, Vladimir Putin said Russia’s stock market was “slightly in the red” but would gradually recover, describing the economy as stable. The Moscow Exchange index has fallen for six straight months, losing more than 22%. Analysts cite high interest rates and geopolitical uncertainty as pressures on stocks.
Putin says Russian stock market is only ‘slightly in the red’ as losing streak hits longest since 2008