ACRA FINANCIAL STRESS INDEX FOR RUSSIA

The index assesses the proximity of the Russian financial system to a crisis. The boundary of the system’s transition to a state of crisis is 2.5 points. The ACRA FSI methodology is based on the assessment of external manifestations of stress (indirect method).

Index calculation principles

Related research reports

Name

Date

ACRA Financial Stress Index: similarities and differences between the current situation and the crises of 2008–2009 and 2014–2015

An article by ACRA analysts Vasilisa Baranova and Dmitry Kulikov for Cbonds

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17 Mar 2020

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Financial Stress Index

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COMMENTARY

A year has passed since the Financial Stress Index peaked. On March 18, 2020, the ACRA FSI reached its highest value in the past five years — 4.5 points — while in general high index values (more than 2.5 points) were recorded from March 9 until April 30 due to the restrictions introduced in Russia …

18 Mar 2021

ACRA has updated the set of crude oil forward prices (used in calculating the ACRA FSI) from January 1 to February 24, 2021, which has led to a relevant adjustment of the financial stress index values for Russia. The maximum absolute difference between the old and updated index values since January…

25 Feb 2021

In May and June, the indicators that form the financial stress index (ACRA FSI) stabilized, following the period from mid-March until the end of April, during which the index exceeded the critical mark of 2.5 points. The index’s average value for the past two months was 1.5 points. However, on July …

10 Jul 2020