October 7, 2021

COVID-19

Coronavirus COVID-19

The ACRA announced the completion of a crisis due to coronavirus in Russia

The peak of the negative phase of the pandemic, the coronavirus is passed in Russia. The situation is gradually returning to normal. This was reported by the Analytical credit rating Agency (ACRA).

An index of financial stress as of Friday, 10 July, up 0.7 points. This pre-crisis values. From mid-March to late April they were at a critical level — 2.5 points. During may and June, the index stabilized.

The average value for the past two months was equal to 1.5 points and 10 July was 0.7 points, which was evidence of passing the peak phase of the negative impact of the first wave of the pandemic coronavirus in the financial markets and the gradual normalization of the situation, — said the Agency, RIA Novosti reported.

The higher The index of financial stress, the closer the financial system is the crisis. A value greater than 2.5 points indicates a high probability of decline, but may not always mean the phase of the crisis.

This year the index has exceeded the critical level a month and a half, during the crisis of 2014-2015 three months in 2008-2009 to six months.

NEWS.ru wrote that the savings Bank recorded a decrease in the salaries in half of working Russians. From March to may wages fell in industries which account for 75% of employment in the economy. Revenues declined in half of the payroll clients, and every fifth customer they have decreased by more than 30%.

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