Russian stock market accelerates decline on Trump’s statements

Business & Economy June 16, 16:44

The MOEX Russia plunged below 2,500 points first time since June 10

MOSCOW June 16. /TASS/. The Russian stock market has accelerated in its decline, according to the Moscow Exchange data.

The dip was fueled by the statement of US President Donald Trump that the United States may soon cancel easing of sanction requirements in respect of Russian oil.

The MOEX Russia plunged below 2,500 points first time since June 10 (down to 2,497.3 points, minus 1.79%). The RTS index lost 1.8% to 1,085.92 points.

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