Thursday, November 15, 2018

Sanctions lowered capital flows to Russia permanently, limiting severely the ability of banks to borrow abroad. Risk of new sanctions put pressure on government flows. We assess scope for contagion from expanded sanctions. Foreign bank exposures to Russia shrunk significantly and would be manageable under expanded sanctions.

IIF Authors

Sergi Lanau

Sergi
Lanau
Deputy Chief Economist
slanau@iif.com

Ondrej Schneider

Ondrej
Schneider
Head of EM Europe Research
+1-202-857-3635
oschneider@iif.com

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