Financial Times FT.com

Investors quit Russia after Georgia war

By Charles Clover in Moscow

Published: August 21 2008 19:57 | Last updated: August 21 2008 19:57

Investors pulled their money out of Russia in the wake of the Georgia conflict at the fastest rate since the 1998 rouble crisis, new figures showed on Thursday.

Russian debt and equity markets have also suffered sharp falls since the conflict began on August 8, with yields on domestic rouble bonds increasing by up to 150 basis points in the last month.

You have viewed your allowance of free articles. If you wish to view more, click the button below.

Read this