Providers bank on Russia recovery

Russian equity markets suffered heavily during the banking crisis, leading to a suspension of trading on the rouble-denominated Moscow Interbank Currency Exchange for two days in early October 2008. The RTS, the Russian benchmark share index, lost half its value in the same month.However, VSE anticipates positive economic developments in Russia, and says that the launch of the indexes gives investors an opportunity to benefit from the recovery of the Russian economy from a low entry point, a