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Russia Reality Check: Micex Drops as Obama Meets World Leaders

Photographer: Andrey Rudakov/Bloomberg

A branded flag stands on the reception desk at the headquarters of the Micex-RTS Moscow Exchange, Russia's benchmark stock index, in Moscow. Close

A branded flag stands on the reception desk at the headquarters of the Micex-RTS Moscow... Read More

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Photographer: Andrey Rudakov/Bloomberg

A branded flag stands on the reception desk at the headquarters of the Micex-RTS Moscow Exchange, Russia's benchmark stock index, in Moscow.

Markets are reacting in real time to Russia’s incursion into the Crimea section of Ukraine and annexation of the Black Sea peninsula.

The chart shows the performance of stocks, bonds and the ruble, along with indicators of the investment risk associated with Russia. The Micex stock index declined 0.7 percent to a one-week low as U.S. President Barack Obama met world leaders in The Hague today to mobilize opposition to Russia’s actions in Ukraine. The ruble advanced for a fifth day in six as companies bought the currency to pay taxes.

The top panel displays the value of the Micex Index of 50 Russian equities, government debt in the Bloomberg Russia Local Sovereign Bond Index, and the ruble relative to the dollar. Credit default swap rates on Russian bonds due in five years appear in the bottom panel. The yield gap between Russian debt and U.S. Treasuries and the one-month implied volatility of the ruble are also tracked.

To contact the reporter on this story: David Wilson in New York at dwilson@bloomberg.net

To contact the editors responsible for this story: Lynn Thomasson at lthomasson@bloomberg.net Wojciech Moskwa, Alex Nicholson

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