Your feedback is important to us!
We invite all our readers to share with us their views and comments about this article.
Disclaimer: Comments submitted by third parties on this site are the sole responsibility of the individual(s) whose content is submitted. The Daily Star accepts no responsibility for the content of comment(s), including, without limitation, any error, omission or inaccuracy therein. Please note that your email address will NOT appear on the site.
Alert: If you are facing problems with posting comments, please note that you must verify your email with Disqus prior to posting a comment. follow this link to make sure your account meets the requirements. (http://bit.ly/vDisqus)
Less than a month after the U.S. toughened its main sanctions against Russia, a measure of the country's political risk is back to its lowest level in four years.The cost of insuring Russian debt against default for five years using credit-default swaps dropped to 145.6 basis points Thursday, a level not seen since well before the nation's annexation of Crimea in 2014 . A court ruling ordering one of Russia's largest private holding companies to pay state-owned oil giant Rosneft PJSC damages of 136 billion rubles ($2.3 billion) barely registered, even though the case is seen as a setback for investor rights in Russia.The currency's one-month volatility this week dropped to a three-year low and Russia's benchmark Micex stock index has rebounded 8.3 percent since entering a bear market in mid-June.
FOLLOW THIS ARTICLE