- Yandex (YNDX -11.6%), Qiwi (QIWI -11.9%), VimpelCom (VIP -6.8%), and MTS (MBT -11.5%) continue to get battered as the ruble continues plunging in spite of the Russian central bank's decision to hike its key rate to 17%.
- The ruble/dollar exchange rate has soared to 71.9. Though up on a ruble basis, Russia's MICEX index is down sharply on a dollar basis.
- Yesterday: Yandex, Qiwi, VimpelCom, MTS slammed thanks to ruble's crash