MOSCOW, April 12 (Reuters) - Russian stocks fell to new 2013 lows and the rouble edged lower on Friday, knocked by an official downgrade of Russia's economic growth forecast by a third.
The dollar-denominated RTS index was down 1.1 percent at 1,417 points. The rouble-denominated MICEX traded down 0.8 percent at 1,391 points.
Outflows from Russia-dedicated funds made the week ending on Wednesday the fourth worst period since 2008-2009 crisis, EPFR Global data showed.
'We see more evidence that investors are becoming increasingly aware and concerned over the slowdown in the Russian economy that, coupled with the poor outlook for commodity and oil prices, justifies cutting Russian exposure,' Slava Smolyaninov, strategist at Uralsib Capital said in a note.
Russia's economy ministry cut its economic growth forecast for this year by a third to 2.4 percent, which would be the worst year since 2009 when Russia was struggling in the global financial crisis.
The market also fretted over Russia's plans to sell a 19 percent stake in state-controlled oil major Rosneft this year. The equity market would not be prepared to digest an additional $15 billion worth of stock, analysts at Sberbank Investment Research said in a note.
Shares of Rosneft were flat at 222 roubles, close to the lowest since its acquisition of rival TNK-BP was announced in October.
The rouble was down 0.2 percent against the dollar at 30.94 . The currency was up 0.1 percent versus the euro at 40.5.
The rouble was two kopecks weaker at 35.22 against the dollar-euro basket that the central bank uses as a gauge for the Russian currency's nominal exchange rate.
'Oil prices are lower, while Russian stocks sold off, that is what reflected in weaker currency basket. But I do not think we will see significant moves today,' said Mikhail Petoushkov, a dealer at Rosbank.
Brent crude dropped below $104 per barrel on Friday on concerns over global demand growth.
(Reporting by Maya Dyakina, editing by Jason Bush) Keywords: RUSSIA MARKETS/
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