20.11.2014 - Russia can withstand currency pressure
Investors should not totally avoid Russia as it can stave off a full-blown currency crisis, according to experts. The country has been under increased pressure in recent weeks as a fall in the rouble has been exacerbated by a weak oil price and the continued sanctions levied on it by the west due to the Ukraine conflict. The rouble has experienced double-digit falls against the dollar in the current quarter so far, which has sparked fears of a major crisis in the country. But economists and fund managers believe factors such as Russia’s low debt-to-GDP ratio will mean the country can withstand the pressure, even if there are challenges along the way....................................Full Article: Source
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