Investors remove wealth from Russia

RUSSIA / FSU POLITICS - In Brief 22 Mar 2020 by Alex Teddy
In the week leading up to 18 March investors took USD 1.8 billion out of Russia. This is an all time high. Asset flight was provoked by plunging confidence in the country's economic health due to coronavirus and the oil price collapse. Asset flight has happened several times before in Russia. It will take at least a few years to tempt all these investors back.

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