Russian stock market closed for 4th day, Sberbank has lost 99.9% of its value.

[Scrivener7]

https://tradingeconomics.com/russia/stock-market
The Bank of Russia kept stock trading at the Moscow Exchange suspended on Thursday, but said a limited range of operations will be available and that it would make a statement about future operations on Friday. Authorities suspended trading for a 4th straight day to keep Russian assets from sustaining sharp losses amid a series of harsh Western sanctions imposed against Moscow for the invasion of Ukraine. Meanwhile, the MSCI and FTSE Russell will cut Russian equities from widely-tracked indexes. Russian stocks listed abroad already suffered dramatic falls, with Russia’s largest lender, Sberbank, losing 99.9% of its value since the start of the year at the London Exchange after the bank pulled out of the European market. Meanwhile, the central bank has introduced a series of measures to stabilize its plummeting currency, including a more than double policy rate hike to 20% and a ban on a range of financial transactions that could negatively impact the ruble.

[Bernardo de La Paz]

1. Both houses of the Russian Parliament are meeting in special session Friday. . . . .nt

[Baked Potato]

2. Russia: Getting a nice haircut from Uncle Sam.

[Scrivener7]

3. I think that GIF is going to come in very handy in the days to come.

[CaptainTruth]

4. Russia is getting hammered economically, & I am all here for it.

[doc03]

5. Current value of Ruble $ .0091. nt