Sales&Trading Interview - FICC - Fixed Income Currency and Commodities
As Russian eurobonds are my field of expertise the respective question was quite straightforward to me. I cited several reasons as to why the Russian economy has turned around which included of course the strong oil prices and commodity prices in general, the weaker ruble and the resulting decreasing trade deficity and how the sanctions era has facilitated an environment of a strengthenic small-medium sized industry sector as trade quotas triggered local industry competition. I also discussed the most recent developments in the banking industry where a number of private banks were bailed out and resultingly nationalized by the government.
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