01.12.2014 - ETF Tumbles on Crude’s Plunge as Ukraine Crisis Weighs
The biggest exchange-traded fund for Russian equities plunged to a five-year low amid concern a deepening oil rout will push the world’s largest energy exporter, already beset by international sanctions, further toward a recession. The Market Vectors Russia ETF (RSX) sank 5.5 percent on Nov. 28 to $19.56, the lowest since April 2009, extending November’s tumble to 11 percent. The ruble, the worst performing emerging-market currency in 2014, fell for the first time below 50 versus the dollar, completing a 13 percent slide for the month...............................................Full Article: Source
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