MICEX index falls after news of reduction of US financial rating

Today the MICEX Index fell below 1500 points for the first time since October 21, 2010 on the first day after the downgrade of the US was dashed by 3-5%, losing about 5.5% by now.

The fall of the RTS index reached 8%, RIA Novosti reports.

Earlier on Monday, the RTS index fell below 1700 points for the first time since December 10, 2010.

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