Russia's benchmark index, the Micex, has reached a seven-year high following a temporary improvement in the country's relations with the West and an ongoing stabilisation in its currency.
The index closed at around 1,868 points on 23 November, up 41.4% over the day, representing an increase of more than 15.3% since the start of October. The index had not reached this level in more than seven-and-a-half years after climbing for the sixth day straight. The rise follows a degree of cooperation between the West and Russia following terrorist attacks in Paris, which saw 129 killed in the capital earlier this month. Alongside the recent downing of a Russian airliner, prospects of co-operation between Russia and the West over the civil war in Syria have improved. The ru...
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