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Old 10-21-2008, 04:40 PM   #1
Emerginvest
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Default Russia's Pendulum Keeps on Swinging

Thursday October 9th, 2008 – The day after the worst sell-off in Russia’s history (down 19.1%), the markets were suspended at 2:05pm (Moscow time) because of a massive rebound. The Russian markets rallied approximately 17% at the time of close. According to a Bloomberg article: “Russian Stocks soar 17%, Leading Rally for Emerging Markets,” [...]

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