Date: 2 months ago   Category: Economy

Deutsche Bank stated resistance of the Russian economy to external shocks — Rambler News Service


Photo: globallookpress.com/Arne Dedert the Russian economy is the steadiest against external shocks among economies of developing countries, it is told in the report of Deutsche Bank on Russia. "The susceptibility of Russia to external risks probably is the lowest among the countries with emerging markets and, most likely, the economy will keep this status in 2019. Weak potential of growth will remain the main problem" — it is said in the report. In the document it is specified that the external debt of Russia was reduced in five years almost by 40% — to $453 billion. "At the same time the volume of reserves of the Central Bank is on a maximum since 2014 and now exceeds the volume of an external debt" — it is said in the report. Analysts of bank note that the sensitivity of ruble exchange rate to prices of oil will remain low, but lower than $50 for barrel can increase in a case of falling of cost of Brent crude oil.

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