The flare up in military tensions between Russia and Ukraine this week poses a major threat to political stability in the region and could exacerbate some existing macro vulnerabilities in both countries if the situation escalates from here. Meanwhile, G20 leaders signed off on a $650bn allocation of IMF Special Drawing Rights but this will not drastically improve Turkey’s FX position.
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