Global investors have been returning to Russian assets this year, pouring more money into the country over signs of its strengthening economy. The growth comes despite US sanctions targeting Russia’s financial sector.
The ruble-based MOEX Russia Index has surged over 27 percent so far this year, while the dollar-denominated RTS was up over 40 percent. Russian equities have outpaced most other emerging market stocks and kept pace with the S&P 500, an index of the top 500 US corporations.
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