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

– Russian Stocks Soar 17% – Most Since 2008; Ruble Back Below 62/USD (ZeroHedge, Dec 17, 2014):

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…

RTS-Index

Juiced by the CBR Measures…

RTS-Index-2

Charts: bloomberg

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