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5 of March, 10:01

Fitch: the deterioration of the Russian economy negatively affects CIS


MOSCOW, 5 Mar RIA Novosti/Prime. The slowdown in economic increase Russia has a significant negative impact on the countries of the Commonwealth of independent States (CIS), according to the report international rating Agency Fitch.

"The sharp Slowdown in economic increase Russia is a significant shock to the economy other CIS countries, but the impact on the creditworthiness of these countries varies significantly," - said in a press release from the Agency.

The situation in the Russian economy has a direct impact on the CIS countries, with which the country has close economic ties through trade, remittances And investment flows, analysts explain." Indirectly, the Sharp drop in the ruble was an important factor for a significant currency adjustments of the region ", - informs Fitch. The effect of the devaluation of the Russian ruble also felt Kazakhstan And Azerbaijan." We believe that there is a high probability that Kazakhstan can also devalue (the national currency - edit) ", - stated in the message.

Russia is the main export market items from Armenia And the largest source of foreign direct investment And remittances from the Armenian side. For this reason, the Slowdown in economic increase Russia will have a serious impact on the prospects for economic improvement Armenia, analysts of the Agency.

The least susceptible to changes in the economic situation in Russia is, according to the Agency, Georgia." Both Armenia and Georgia has introduced its own currency in a floating exchange rate, thus providing cushioning And saving of foreign exchange reserves, " added dimension.

Undermining close economic relations of Ukraine with the Russian Federation caused a sharp economic downturn in Ukraine, analysts say." Ukraine is the second most affected (fluctuations in the economy of Russia as amended) of the Commonwealth of independent States, is included in the chart Fitch, even without accounting for the impact of the current conflict And trade restrictions, according to the report of the Agency.


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