“Kobsak” moves following Putin certifies independence of two Ukrainian territories, pointing out that Russia’s economy is weak
from the case Mr Vladimir Putin Russian president Orders the Russian army to maintain peace in eastern Ukraine’s separatist areas This took place a few hours following the declaration of independence of the Donetsk and Luhansk territories was signed. which is the territory of Ukraine where many people of Russian descent live
on February 22 Mr. Kobsak Phutrakul Deputy General Manager Bangkok Bank Former Minister to the Prime Minister’s Office State your personal views on the impact of the matter. That the war started on the other side!!! Russia shares fell 15.6%, or 540 points, during trading last night.
The ruble fell 5% intraday to 80 ruble/dollar. After the President of Russia recognized the independence of Donetsk and Luhansk in Ukraine’s eastern territories. and recently ordered the Russian troops to travel to maintain peace in the area. This is a significant escalation of the confrontation between the United States, Europe and Russia.
Mr. Kobsak views that All of which affect various assets. in the world financial market Both in terms of share prices in Europe, oil, gold, palladium, the dollar. which the price of oil is increasing If going too far will pressure the problem of inflation in various countries. make it worse Russian assets As the United States announced it would sanction financial and trade once morest Russia. With measures taken at “United, Swift and Severe,” the policy would put further pressure on the Russian financial markets. especially from institutional investors Foreign investors who have already invested in Russia and have to expedite the withdrawal of the transaction.
“Recently, Russia has canceled its bond issuance as scheduled on Tuesday. It will have to follow to see how all this will continue to spin. Who will give up? But of course, this fight will not be on the battlefield only. but will spread to the Russian financial market And it affects the weak Russian economy.” Mr. Kobsak stated
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