Micex Falls After Ukraine – Business Insider

REUTERS/Alexander DemianchukRussia is already paying an economic price for its actions in Ukraine.The Russian Central Bank was forced to hike interest rates over night from 5.5% to 7% in order to stem the plunging Russian ruble.And the stock market crashed.The MICEX index, the country’s benchmark index, fell 12%.The market has already been quite bearish on Russian assets this year, particularly […]