Russian activity on the up

NEWS

Although domestic and foreign banks curbed activities after the 1998 collapse, market players are bullish as the economy has potential to maintain growth, said Gabriel Kadasi, emerging market analyst at Informa Global Markets in London.

Kadasi said Russian debt is some of the most liquid among emerging markets issuers, and although the state's borrowing needs are low, the government supports the development of local corporate debt markets and keeps issuing domestic debt instruments. This booming

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