The imposition of more stringent US financial sanctions in April seems to have resulted in a long-lasting premium in Russia’s currency and bond market. But there has been little convincing evidence of an impact on the real economy. And if negative repercussions do filter through, the boost to the public finances from higher oil prices and a weak ruble mean fiscal policy will be able to provide some support.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services