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Electronics Production | August 12, 2008

Investors lose confidence in Russia over war

The value of the Russian currency has eroded since the invasion of Georgia by Russian forces and the stock exchange reacts shaky to new developments in the Caucasus region.
The newspaper Äripäev reports that Estonian investors re-consider investing in Russia. But not only the Russian stock exchange has been affected by the war; currency exchange rates are up, the oil price is rising again, therefore the investors are losing confidence in Russia.
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December 12 2018 2:03 am V11.10.8-1