The Russian stock market quickly recovered...
grew as much as 2.09% to 1,551.57 points."If, in the future, terrorist attacks are not aimed at destroying the infrastructure of markets, oil pipelines, electric power stations and dams, their effect on stock prices will be limited," newspaper Vedomosti quoted Andrei Vernikov, deputy general director of Zerich Capital Management, as saying.
The Russian foreign exchange market was also stable on Monday. After jumping 0.6% or 17 kopeks against the ruble at the opening of the trading session on Monday to 29.8 rubles following the news of the terrorist attacks, the greenback swiftly returned to its Friday"s closing level, Kommersant reported.
"Exporters resumed foreign exchange sales and everything went on as usual," the paper quoted Denis Korshilov, head of the Citibank department for conversion transactions, as saying.
The dollar closed down 7 kopeks to 29.56 rubles on Monday, the paper said.
MOSCOW, March 30 (RIA Novosti)
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