Russia

Renewed eurozone volatility, especially concerning a default by a sovereign in the absence of more comprehensive fiscal integration measures and higher bailout funds will have significant... 2012-01-26

Russia's international reserves staged their biggest weekly fall since January 2009, dropping by almost US$12bn in the week December 16. The move was principally attributable to a negative... 2012-01-03

Worried about mounting liquidity risks in the Russian financial system, the central bank cut its refinancing rate to 8.00% from 8.25% on December 23, initiating what we believe will... 2011-12-23

According to the most recent data, real GDP growth in Russia sped up in the third quarter, posting a 4.8% annualised outturn, with relatively healthy labour market dynamics, the ongoing... 2011-11-22

With liquidity conditions in the Russian banking system recently seizing up, the Bank of Russia sought to ease interbank liquidity tightness by lowering the repo rate by 25 basis points... 2011-10-26

High inflationary pressures previously crimped household demand, with disposable wage growth (adjusted for inflation) only recently pushing back into positive growth territory on a... 2011-10-26

Although we see growing risks to global demand for crude oil, we expect oil prices to remain relatively well supported for the time being, which should continue to favour the Russian... 2011-09-27