Foreign Exchange Market Finansy26-08-2008 Russian markets hold strike: independence is not given for free Russia's recognition of South Ossetia and Abkhazia has caused a predictable negative reaction in the West. Russian markets falter, but survived the first blow. But falling stock and 25 rubles to the dollar have become very real prospect. Russia's recognition of South Ossetia and Abkhazia have long waited for, not only politicians and citizens, but also markets. After the first reports that Russian President Dmitry Medvedev signed a decree, foreign exchange and stock markets shuddered. Despite the obvious facts of genocide by Georgia's Euro-Atlantic countries have taken a tough stance against Russia's actions. In the Black Sea for "humanitarian aid" to Georgia collects naval grouping of NATO. Russia suspends participation in several international organizations - both within NATO and the WTO, where it is in the "eternal" candidate. It was difficult to expect in this situation is exposure among traders. However, everything was far from unique. The Russian stock market in the first minutes after the speech Medvedev dipped sharply downward, but later returned to the morning positions and even exceeded them.
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