Russia: Currency crisis and deep recession in 2015

3/13/2015 - Report
ic_blogtagRussiaBusiness ClimateCountry RiskGrowthTrade
Four-fold crisis: politics, confidence, oil

revenues and currency. Deep recession forecast in 2015. Currency crisis with severe impact.

Inflation to remain in double-digits while

monetary policy focus shifts to growth. Banking sector remains vulnerable. Sovereign default unlikely in 2015. Capital flight weakens external position.

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Russia: Currency crisis and deep recession in 2015 - Report