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MOSCOW, March 27. /TASS/: Russian stocks have extended losses on Moscow Exchange on Friday following the oil price drop as the RTS index lost 5.27% to 963.41 points, while the MOEX index dropped by 3.42% to 2,404.75 points, according to the trading data as of 4:02 pm Moscow time.
The price of futures contracts of Brent crude oil is down by 3.8% compared with the previous closure at $25.34 per barrel.
The dollar exchange rate on Moscow Exchange gained 1.57% to 78.68 rubles as of 4:05 pm, while the euro exchange rate was down by 1.17% at 86.41 rubles.