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RUSSIA: State firms face cash squeeze before sell-off
The size of the rate hike attests to the CBR’s determination to tame domestic price rises at all costs, even though this is likely to restrict credit growth and dampen output. The…
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DOI: 10.1108/OXAN-DB281638
ISSN: 2633-304X
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RUSSIA: S&P downgrade will not cause immediate sales
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DOI: 10.1108/OXAN-ES197271
ISSN: 2633-304X
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Russian policymakers are capitalising on underlying strengths such as high reserves, low sovereign debt and oil exports as they shape measures to mitigate existing and potential…
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DOI: 10.1108/OXAN-DB238470
ISSN: 2633-304X
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The steep fall in global oil prices and rapid spread of COVID-19 have ended hopes of economic revival in 2020. The government has allocated 300 billion rubles (4 billion dollars…
Policy differences reflected in Russian budget debate
Prospects for the Russian economy to end-2016.
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DOI: 10.1108/OXAN-DB211881
ISSN: 2633-304X
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Russia's exclusion from international financial markets presents high risks to macroeconomic stability in the short and longer term. Sovereign rating downgrades to 'junk' indicate…
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DOI: 10.1108/OXAN-DB268127
ISSN: 2633-304X
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After releasing 1 billion dollars in April, the IMF is urging Ukraine to implement land and pension reforms to make it eligible for further lending tranches. The government is…