All news

CBR rates increase will soothe stock market — deputy chairman

The RTS Index sank 10.74% to 1,131.15 points
Work of an investment bank (archive) ITAR-TASS/Natalya Medvedeva
Work of an investment bank (archive)
© ITAR-TASS/Natalya Medvedeva

MOSCOW, March 03. /ITAR-TASS/. Collapse of Russian stocks observed on Monday is psychological and due to incoming news about the Ukrainian crisis, says Sergei Shvetsov, Central Bank of Russia (CBR) first deputy chairman and head of the bank's financial markets service.