SPDR® S&P Russia ETF
Latest SPDR® S&P Russia ETF News and Updates
Why Western sanctions may have catastrophic effects on Russia
On July 16, the US imposed additional sanctions against Russia for continuing to support pro-Russian separatists in Ukraine.
Why dark clouds surround the investment climate in Russia
The International Monetary Fund has forecasted that the flight of funds from Russia this year will amount to ~$100 billion—it has already become difficult to acquire capital in Russia itself.
Must-know: US sanctions target flow of investments into Russia
The imposition of sanctions on Russian firms basically means that the U.S. will no longer invest in these companies—the U.S. is effectively banned from providing closed medium- and long-term dollar funding to the banks and companies on the sanctions list.
Russian Economy Gains Traction as Inflation Nears Target
Russia’s central bank recently lowered its key interest rate by half a percentage point to 9.25% in April 2017.
Why Russia may need capital control measures to save the ruble
In addition to the recent interest rate hike, Putin may need to exercise capital control measures in order to cushion Russia’s depreciating ruble.
Contraction and a falling ruble magnify Russia’s crisis
The GDP in Russia contracted for the first time since 2009 in November 2014. Consequently, the Russian ruble fell by about 14% against the dollar.
