We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Down in the hole

1 December 2014 By Pierre Briançon

The Russian currency is sinking along with the oil price. A central bank interest rate hike would hurt the struggling economy. Reforms reducing the country’s dependence on oil might increase confidence, but Western sanctions are squeezing the government and the financial system.

This content is for Subscribers only


Email a friend

Please complete the form below.

Required fields *


(Separate multiple email addresses with commas)