This report assesses the sensitivities associated with the direct effects of capital outflows on Russia's growth and exchange rate, without considering sanctions, interest rate changes, and other factors. It suggests that sanctions may add to capital outflows, and persistent political uncertainty could lead to elevated interest rates affecting growth. The report also notes the risk to Russia's sovereign credit rating as highlighted by Moody's.
doj/DataSet10/EFTA01453244.pdf
{"title":"Special Report: Russia: macro implications of increased geopolitical risk","document_date":"2014-03-07","document_type":"other","key_locations":["Russia"],"key_organizations":["Deutsche Bank AG","Moody's"],"reference_numbers":["DB-SDNY-0110754","SDNY_GM_00256938","EFTA01453244"]}