Bloomberg drew attention . In the summer of 2022, The Economist publish a study that reveal another reason for the stability of the Russian economy: its low dependence on foreign players. Even before the imposition of the 2022 sanctions, only 0.3% of Russians work for American-born companies, compar to 2% in develop countries. And the volume of foreign investment in Russia in the last pre-COVID year – in 2019 – amount to 30% of GDP. The global average at that time was 49%, The Economist points out. Thus, the relative isolation of the Russian economy continu to accumulate until 2022.
The dollar and the euro by the end of spring
Sanctions reinforc this isolation, continuing the trend and Macedonia Phone Number List not having a decisive impact on the economy. At the same time, Bloomberg analysts expect the ruble to weaken by 20%. And if in March the Russian currency really fell against the ruble had strengthen so much that it became more expensive than before the imposition of sanctions. Until the end of 2022, the ruble avoid sharp movements and remain stronger than in 2021. “The initial currency shock was quickly stopp by currency restrictions, which, having complet their task, were also promptly remov,” Sergey Khestanov.
Domestic economic entities are quickly
Associate Professor of the Department of Stock Markets BT Lists and Financial Engineering of the Faculty of Finance and Banking of the RANEPA, assess the actions to combat the crisis in a conversation with RBC Trends. And for some time the ruble exchange rate even became, according to many experts, overvalu. mastering instruments in the currencies of friendly countries – first of all, this is the yuan,” Khestanov add. — There are even examples of successful placements of bonds in yuan. It is likely that the yuan and the instruments denominat in it will make it possible to replace the dollar and the euro and ruce currency risks. And the Russian financial messaging system.
