Futures Fall on Doubt Over Medvedev’s Future: Russia Overnight
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Russian stock futures fell after an adviser to President Dmitry Medvedev said he should abandon plans to become premier after leaving his current role, casting doubt on the outlook for the country’s political landscape.
Futures expiring in March on Moscow’s dollar-denominated RTS index retreated 0.2 percent to 167,010 in U.S. trading hours yesterday. The RTS Volatility Index, which measures expected swings in the contracts, fell for the third day, dropping 0.8 percent to 30.65 points.