Russia's Stock Market Experiences Steepest Drop Since September 2022

Russia’s stock market fell more than 4% on Monday — its steepest single-day drop since September 2022 — and analysts warn of further losses ahead

The Moscow Exchange index (IMOEX) closed down 4.23% on June 22, settling at 2,318.28 points — its steepest single-day drop since September 26, 2022, the Russian business outlet RBC reported.