Putin Claims Russian Economy Stable Amid Longest Stock Market Slump Since 2008

President Vladimir Putin has insisted that Russia’s financial system remains resilient and markets are only slightly negative, contradicting data showing the country’s worst stock market decline in over a decade.

3 Sept, 20:39 — 3 Sept, 20:39

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meduza10h ago

Putin says the Russian stock market is just ‘slightly in the red.’ (It’s in its longest losing streak since 2008.)

The Russian stock market is “slightly in the red” but will gradually recover, Russian President Vladimir Putin said at the plenary session of the Eastern Economic Forum. Over the past six months, however, the Moscow Exchange index (IMOEX) has lost more than 22%.

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First report: delfi-lt · 3 Sept, 20:38|Full coverage: 2 · 1m|Window: 1m

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delfi-lt3 Sept, 20:38First to report

Putinas: Rusijos ekonomika yra visiškai stabili

meduza3 Sept, 20:39Latest update

Putin Claims Russian Economy Stable Amid Longest Stock Market Slump Since 2008

Sources

Putin says the Russian stock market is just ‘slightly in the red.’ (It’s in its longest losing streak since 2008.)

Coverage Timeline

Putinas: Rusijos ekonomika yra visiškai stabili

Putin says the Russian stock market is just ‘slightly in the red.’ (It’s in its longest losing streak since 2008.)

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