The largest exchange traded fund tracking Russian equities fell for a third day after crude oil prices down to the lowest price in 11 years. and the weakest ruble record
Ruble recorded the largest decline, the prospects for economic recovery of the largest energy exporter in the world are becoming fainter.
Market Vectors Russia ETF slid to $ 14.49 in New York, reducing profit to 2.6% for 2015.
Russia's economy will likely shrink by 3.8 percent in 2015 and did not resume growth until the third quarter of 2016, according to 39 economists surveyed by Bloomberg.
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