Global Perspectives - Antonia Colibasanu

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Russia: Uncertain Consequences

In the morning of Dec. 16, the ruble was supposed to rally. Instead, it collapsed. The ruble fell as the current account was improving, something that shows the collapse has had little to do with speculators, but has had everything to do with capital outflows, a signal that domestic investors and depositors have lost credibility… » read more

Posted by Antonia Colibasanu