Investors retained interest in Russia despite the policy of the West

27 March 2018, 22:41 | Economy
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The scandal with the expulsion of Russian diplomats did not affect the interest of European financiers in investing in bonds of the Russian Federation and the ruble. "We like to invest in Russia.

At the current level of oil prices, its macroeconomic indicators remain very strong, "Bloomberg quotes Sergey Strigo, head of the Department of Investments in Emerging Markets of Amundi Asset Management. Russian stocks and the ruble have already won back almost all of their losses, after the authorities of more than 20 countries announced expulsion of Russian diplomats on March 26. It is noted that many investors are waiting for further developments with Russian assets to take place in order to make a decision on investing in securities of the Russian Federation. According to Strigo, he is closely monitoring the situation, but mainly draws attention to macroeconomic indicators, as well as changes in oil prices. While sanctions do not affect investment in Russian assets, nothing changes for investors, the financier said.. Relations between Russia and the West have deteriorated because of the so-called "business of Skripal".

In the British city of Salisbury on March 4, a former GRU officer Sergei Skripal and his daughter Yulia were poisoned. The authorities of the United Kingdom blamed the incident on Russia, without providing any evidence. To date, more than 25 NATO member countries have announced the expulsion of dozens of Russian diplomats, and the United States has reported that 60 employees are dispatched to the Russian Federation and close the Russian Consulate General in Seattle.




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