Russia’s Occupation of Ukraine Dragged the Whole World to a Bottleneck

While Russia’s occupation of Ukraine continues, this situation continues to affect the whole world. After many sanctions were imposed on Russia from many companies, data on how the embargoes affected the Russian and Ukrainian markets were shared.

According to the data of Goldman Sachs, Turkish Lira, Sterling, US dollar, Euro and Jordanian dinar are among the currencies affected by this occupation, which Russia continues to carry out. So, how were the financial conditions all over the world affected by this invasion? Let’s take a look…

The tension between Ukraine and Russia affected all world stock markets.

Central banks all over the world constantly monitor the course of financial conditions and take action according to these conditions. According to the indexes shared by Goldman Sachs, since May 2009 financial conditions reached their tightest level. These indices being tighter means that we will talk about more investment plans and savings in the coming days.

The continuation of the occupation of Ukraine and the sanctions against Russia affect many countries other than the two countries. If Moody’s China, Turkey, Korea, Japan and India Many countries, such as importers of products to be sold, say that they will be the most affected by this situation. However, the dollar at the highest level in the last two years. while stocks around the world a 10% drop lived.

Russia’s financial conditions in critical condition at record level

This financial conditions index shared by Goldman Sachs shows that; Russia is reaping the fruits of its invasion. After the sanctions against Russia, the Russian market was greatly affected, which caused the Russian financial conditions to tighten to a record level. After Russia’s war against Ukraine, Russia’s economy turned into history. one of the most troubled times is going through.

After the invasion, Ukrainian financial conditions were also affected at record levels

According to the Goldman Sachs index, the situation in Ukraine is not much different from Russia. After buying and selling in the Ukrainian market has slowed substantially since the start of the occupation, the rise in prices in Ukraine has plunged the economic country into an economic mountain gorge. Ukraine stock markets, financial conditions critical to a record level caused. Ukrainian financial conditions, 102.47 points The most critical level since December 2009 reached.