Free Trial

Western Sanctions Affecting Russian Personal Finances

RUSSIA

The Moscow based independent public opinion firm the Levada Center has produced a report showing that Russians are increasingly concerned about the future of their financial situation.

  • The chart below shows a dramatic drop off in financial optimism since the beginning of the war in Ukraine.
  • The report shows that the effect of Western sanctions is beginning to hit the pocketbooks of regular Russians. Other polling data shows that Russians are increasingly likely to support the war in Ukraine but this may be challenged if financial hardship is connected to the war in the minds of Russian citizens.
  • 70 percent of Russians now believe their financial situation is set to worsen.

How do Russian's Feel About Their Financial Future?Levada Center

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.