Trading has been suspended on the Russian stock market after another steep slide in early trading.
It is the second day running that trading has been halted.
With Russian traders still reeling from what was the sharpest one day percentage drop since the country's 1998 financial crisis, the MICEX stock index began the day by climbing before heading south again.
Another key index, the RTS, took the same path.
For the second day running, banking and energy stocks have suffered heavy losses.
By early afternoon, Russia's market regulator had ordered both stock exchanges to halt trading.
While the RTS exchange has re-opened to limited trading, the RIA Novosti news agency has quoted a MICEX official as saying he does not know when its exchange will resume business.
Trading on Russia's major stock markets has been suspended for a second consecutive day due to the ongoing turmoil in the financial markets around the world. 

The suspension took place due to an order of the Russian government's Federal Service for the Financial Markets, which demanded the suspension. "It took too long for the money to get into the system," said Uralsib analyst Chris Weafer commenting on this decision. "They were afraid of panic selling so they stopped the market."

Before the suspension, the RTS exchange fell by 6.39 percent in just two hours,  while the MICEX index started the day with an increase, before falling again. This day was the worst day in Russia's market since the country's 1998 financial crisis 

Several financial markets have continued to lose value. The primary British index, the FTSE 100, dropped in value by 2.36%, which is 118.40 points, to below the 5000 mark at 4907.20. The Dow Jones, was down 2.62% at 16:08 UTC, a slight increase from earlier today. The Dow Jones currently has a value of 10769.00 points. The NASDAQ index has fallen by -3.16% to 2138.14, while the Dax was 1.75% lower than the start of the day at 16:08 UTC.

The Russian Government has also announced the injection of 44 billion dollars into the Russian economy. The cash injection will take place through VTB, Sberbank and Gazprom Bank, which are all state run banks.