Impact of Russian invasion: 2014 and 2022

Lokeshwarri SK Updated - March 08, 2022 at 09:43 PM.

This is the second time in a decade that Russia has invaded its neighbour Ukraine. In February and March 2014, Russia invaded and annexed the Crimean peninsula. Russian currency and stocks were the worst affected in both episodes. Crude oil and gold prices, however, declined in 2014 due to global recession and supply glut. Russian economy and trade were hit badly in 2014; the impact this year is yet to be seen

Published on March 8, 2022 16:12

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