Following President Putin’s visit to India, Sberbank on Thursday launched an India-first mutual fund allowing Russian retail investors to access local markets
Putin’s participation holds significance as member nations are expected to address key issues, such as the geopolitical tensions in Afghanistan, as well as the Ukraine conflict.
While the political impact of the opposition leader Boris Nemtsov's killing has been limited in Russia, it has fueled demands for new sanctions against Moscow in the West. Meanwhile, Russian equity valuations suggest potential for a strong performance over the coming months.
The recent run on Russian currency ruble has given birth to murmurs that Russia may default and that capital control is on the cards. Expressing his views on the subject, Rabo Bank's Piotr Matys explains why such a possibility is remote despite the fact that an emergency rate hike has done little to stop ruble's slide.