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Kazakova: What will Russia do next?

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As the Ruble saw its biggest drop since 1998, Russian analyst Nadia Kazakova, warns that political interference could exacerbate the situation.

In the early hours of Tuesday morning, the Russian Central Bank hiked interest rates to 17% - but still the Ruble fell. Kazakova says the bank has to convince the market that it can sell a large amount of FX in order to stabilise the situation. 

Instead, she believes there could be change at the top of the central bank and even the government. If that happens, she warns, the crisis could deepen.  The biggest fear is that currency controls will be back which will affect all investors.

Kazakova also looks at the companies that are most exposed to Russia including banks, BP and McDonalds.