Ruble

Threat of Eurozone Crisis Spillover Weakens the Ruble

Trend The ruble is depreciating against the dollar as markets anticipate Russia will run a deficit in 2012. We expect the Russian government to intervene in the foreign exchange market in Q1 2012, but a significant decline in oil prices…

Russia’s Protests: Higher Volatility, New Opportunities Await Multinationals

The popular protests following the latest Duma elections revealed a fundamental shift in Russian popular opinion which has been forming for over a year now: as Russians realize that the economic prosperity of the pre-crisis 2000s is slowly but surely…