100 days of Ukraine crisis: From markets to economy, pain across the board

While India has raised its key rate by 40 basis points, others like Brazil have increased it by 200 basis points since the Ukraine crisis began

Markets have been in turmoil since Russia’s military offensive in Ukraine began on February 24 amid tightening global liquidity conditions.

Equity markets in both emerging economies and outside have taken a hit, though emerging markets are worst affected, shows an analysis of key data points before and after the crisis began (see chart 1).

Data points in the analysis have been used as available. For example, index data provider MSCI had announced that it may no longer provide information on Russian securities as part of its indices. 

Other information has been used to give a picture of the after-effect of the military offensive