Wary of Sanctions, Foreigners Reduce Russian Holdings | News | The Moscow Times:
"Foreign equity and bond investors who had tentatively ventured back into Russia after a huge early-2014 selloff are again slashing their holdings for fear of being caught in the crossfire of Western sanctions.
Russia has fared worst among the big emerging equity markets this year, with dollar-based losses of 13 percent.
The ruble is down 5 percent against the dollar, second only to the Argentine peso, and investors are demanding a 2.8 percentage point premium to U.S. Treasuries to hold Russian dollar bonds, 80 basis points higher than January."
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