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Russia sanctions exacerbate the country's economic challenges: Moody's

Russia sanctions exacerbate the Country's economic challenges but Liquidity Crisis unlikely in the short-term.

August 04, 2014 9:31 IST | India Infoline News Service
While the latest raft of US and EU sanctions on Russia will significantly constrain access to foreign financial markets, they will not produce an immediate liquidity crisis because most debt issuers have sufficient cash and financial assets. However, the sanctions will amplify the gradual decline in the country's growth potential, which could lead to an erosion of creditworthiness across sectors

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