Market Currents
Russia's move to open up its capital markets is a game-changer, says SocGen, bullish on the...
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Thursday, October 25, 2012, 11:28 AM ETRussia's move to open up its capital markets is a game-changer, says SocGen, bullish on the local bond market, the ruble, and Russian equities (RSX). The bank sees inflows of $30B-$40B into the bond market once the measures take concrete shape later this year (vs. total foreign holdings of just $6.6B now).
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