08/27/1998 08:46:41 Russian shares drop on rouble fears
MOSCOW, Aug 27 (Reuters) - Russia's shares market, where
trade is at a virtual standstill, nevertheless saw prices drop
sharply on Thursday after the central bank suspended rouble
trade against all currencies on the main exchange.
Reuters composite index <.RRC1> had dropped 6.22 percent to
54.63 at 0830 GMT, while the RTS-1-Interfax index <.IRTS> had
fallen 4.71 percent to 72.67, though reported turnover on the
Russian Trading System was $1 million after an hour of trade.