Russian central bank explains ruble’s slide

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Declining global oil prices have been weakening the currency, Deputy Chairman Aleksey Zabotkin says The recent weakening of the Russian ruble could be attributed to the fall of global oil prices, according to Aleksey Zabotkin, Deputy Chairman of the Central … Continued

Investors fleeing UK equity funds – data

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Net outflows exceeded $26 billion this year, according to EPFR Global UK stocks suffered record annual outflows in 2022 as investor confidence in the country’s economy is waning, Bloomberg reported on Friday, citing data from EPFR Global. Statistics show that … Continued