Markets

CREDIT SUISSE: The ruble selloff has ‘gone too far’

The Russian ruble has been steadily declining against the dollar since last week, when the US Treasury Department announced sanctions on dozens of officials and entities with ties to the Kremlin. But a falling risk premium could keep the currency from weakening further, according to analysts at Credit Suisse. Follow […]
CREDIT SUISSE: The ruble selloff has ‘gone too far’
Markets

Russian markets are getting slammed as fresh sanctions take hold

Russian markets are getting slammed on Monday, with the country’s RTS index losing more than 11% by 4:2o p.m. BST (11:20 a.m. ET, 6:20 p.m. in Moscow). “The US sanctions imposed on Russia last Friday have caused turmoil in Russia’s markets today, and financial conditions have tightened as a result,” […]
Russian markets are getting slammed as fresh sanctions take hold