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The Russian stock market.
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DOI: 10.1108/OXAN-DB250524
ISSN: 2633-304X
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The downturn reduced the market capitalisation of Russian blue-chip companies. High volatility in the financial markets disrupted the government's borrowing schedule and prompted…
The explanation lies in a government scheme offering subsidised mortgages, which drew prospective buyers to move faster than they might otherwise have done. While housing demand…
That represented a 1.9-percentage-point (pp) rise in import share and a 0.4-pp fall in export share. Turkey's economic and commercial ties with Europe (EU and non-EU) are strong…
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DOI: 10.1108/OXAN-DB280284
ISSN: 2633-304X
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After a temporary surge in demand for food in March, monthly retail turnover fell sharply, driven primarily by low sales of durable goods in April-May. Smaller retailers were hit…
The projected fiscal deficit of 3.5% of GDP assumes a forecast 2.1% economic contraction this year. The authorities have used their ample fiscal space and large sovereign wealth…
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DOI: 10.1108/OXAN-DB257376
ISSN: 2633-304X
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Geographic
Topical
Cut off from international financial markets, Russian banks are struggling to make cross-border payments and domestic lending is greatly curtailed. The CBR believes the sector is…