Russia: Recession has deepened amid continued high RUB volatility

9/11/2015 - Report
ic_blogtagRussiaCountry RiskCurrent AccountGross Domestic Product (GDP)GrowthPublic debt
Four-fold crisis: politics, confidence, oil revenues and currency. Sharp contraction in Q2, more to come and currency risk to continue. Inflation to remain in double-digits while the banking sector remains fragile. While sovereign default is unlikely in 2015, capital flight weakens external position

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Russia: Recession has deepened amid continued high RUB volatility - Report