Saturday, December 6, 2014

Risky to invest in Russia – Swedish newspaper Svenska Dagbladet

Risky to invest in Russia – Swedish newspaper Svenska Dagbladet

attention Financial Times in an article on Friday evening.

The prices of CDSs, which allows investors to insure against state bankruptcies, have been driven up by the Western sanctions , capital outflow from the country, the declining oil prices and the falling ruble.

Only on Friday Russian five-year CDS rushed 369 basis points.

On Friday did not also no good day for the Moscow Stock Exchange. MICEX index fell 3.3 percent, while stock markets in the rest of Europe wide.

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