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Russian shares drop sharply
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Russian shares have lost more than 20% this month.
more than 20 percent · Russian shares
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The FTSE All World Emerging index fell 9.7% from its 1 June peak.
9.7 percent · FTSE All World Emerging index
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Russia's RTS index has tumbled 21% since 2 June.
21 percent · Russia's RTS
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Russia's RTS index slid 2.94% yesterday.
2.94 percent · Russia's RTS
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Russia's economy is predicted to contract more than 7% next year.
more than 7 percent · Russia's economy
Shares in Russia slid further yesterday, extending losses to more than 20 per cent this month, confirming its reputation of one of the world’s most volatile markets. While the FTSE All World Emerging index fell 9.7 per cent from its 1 June peak, Russia’s RTS has tumbled 21 per cent since 2 June, including a 2.94 per cent slide yesterday. The rouble-based Micex has fallen 24 per cent since its 1 June peak. Russia’s economy is predicted to contract more than seven per cent next year.
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