Largest Russian ETF RSX dropped 30% just today

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  • The VanEck Russia ETF fell 30.6% Monday as the conflict in Ukraine continues.
  • The Russian stock market remains closed and has yet to announce what its operating hours Tuesday will be.

 

The VanEck Russia ETF fell 30.6% Monday as the conflict in Ukraine generated new U.S. sanctions against Russia.

On Monday, the Biden administration announced additional sanctions against Russia’s central bank that would effectively prohibit Americans from doing business with the bank and freezes assets within the U.S.

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www.msn.com/en-us/money/markets/russian-stocks-etf-falls-25percent-as-crisis-in-ukraine-continues/ar-AAUpUCu

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