A Moscow exchange index rapidly dropping in sales from ~2728 to ~2700

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   kravietz 🦇 (kravietz@agora.echelon.pl)'s status on Friday, 25-Oct-2024 20:26:18 JST kravietz 🦇

   Moscow stock exchange after #Russia Central Bank raised the base rate to 21%, which was predicted by Russian opposition economists (e.g. Vladimir Milov) already a month ego. This decision is yet another nail to the coffin of Russian economy and likely marks the end of nearly three years of desperate measures that Russian financial institutions unrolled to hold its economy afloat after 24 February 2022.