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February 5, 2009
Edited: February 5, 2009
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http://seekingalpha.com/article/117384-russian-troubles
..."the amount of rubles that one dollar will get you has spiked significantly in recent months, going from about 23 rubles per dollar last May to its current level of 34.84 rubles per dollar. And the decline in the currency has run in tandem with the decline in Russian equities."
Here are my picks for the next year or so:
RUSSIAN RELATED SECURITES - SHORTS
CEE - Central Europe & Russia Fund Inc.
CTCM - CTC Media, Inc
MBT - Mobile Telesystems OJSC
RNE - Morgan Stanley Eastern Europe Fund Inc
ROS - Rostelecom OAO
RSX - Market Vectors Russia ETF
TRF - Templeton Russia and East European Fund Inc.
VIP - Vimpel-Communications
WBD - Wimm-Bill-Dann Foods OJSC
XRU - CurrencyShares Russian Ruble Trust
RESOURCES
Wikipedia - Russia
http://en.wikipedia.org/wiki/Russia
Wikinvest - Investing in Russia
http://www.wikinvest.com/industry/Investing_in_Russia
Wikipedia - Russian ruble
http://en.wikipedia.org/wiki/Russian_Ruble
Wikipedia - Economy of Russia
http://en.wikipedia.org/wiki/Economy_of_Russia
Wikipedia - Banking in Russia
http://en.wikipedia.org/wiki/Banking_in_Russia
Wikipedia - Putinism
http://en.wikipedia.org/wiki/Putinism
Seeking Alpha - Russia: On the Brink of Defaulting Again?
http://seekingalpha.com/article/118616-russia-on-the-brink-of-defaulting-again
Bloomberg - Fitch Cuts Russia Debt Rating First Time Since 1998
http://www.bloomberg.com/apps/news?pid=20601087&sid=a60wjgr6gGeI&refer=home
Seeking Alpha - Relative Performance of BRIC Countries
http://seekingalpha.com/article/117990-relative-performance-of-bric-countries
Forbes - Russia's Punchless Banking Bailout
http://www.forbes.com/2009/01/27/sberbank-russia-update-markets-equity-0127_markets25.html?partner=yahootix
Seeking Alpha - Putin, the Economics Professor
http://seekingalpha.com/article/117911-putin-the-economics-professor?source=yahoo
Seeking Alpha - Emerging Markets: Beware of the 'Head-in-the-Sand' Strategy
http://seekingalpha.com/article/117640-emerging-markets-beware-of-the-head-in-the-sand-strategy?source=yahoo