Global stocks have tumbled over Russia's military build-up in Ukraine and possible sanctions by Western countries.
Russia's RTS stock index dropped more than 10 per cent, and the Micex index by 12.7.
The ruble has also sunk to record lows and the Central Bank of Russia has increased interest rates by 1.5 points to 7 per cent.
Commodies, meanwhile, were up today. Oil surged above $104 per barrel over concerns that supplies in Russia could be affected, and gold was up 2.1 per cent.