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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
Keywords
Geographic
Topical
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…
Prospects for the Russian economy to end-2016.
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DOI: 10.1108/OXAN-DB211881
ISSN: 2633-304X
Keywords
Geographic
Topical
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…