21 June 2004 12:07
Official predicts Russian stock market will slow down soon
Moscow, 21 June: The high growth of the Russian stock market brought about by the Central Bank's policy aimed at
strengthening the rouble, will slow down within the next few months. This is what Oleg Vyugin, head of the Federal
Service for Financial Market, said today.
"The Golden Age is over for Russian shares, and structural changes have begun," he said. "It's
only the prices, but not the physical volume of shares in the market, that were increasing." [Passage omitted]
[ITAR-TASS news agency] |
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