Financial Crisis in an Emerging Economy: The Case of Russia In the Figure 18.1 below is a chart illustrating the trend in the Russian stock market from May 2008 until October 2008. Using analysis pertaining to emerging market nancial crises and Figure 18.1, what do you anticipate happened to the Russian real interest rate and the Russian real exchange rate since October 2008, given that Russia is an open economy? Why? (Hint: Be sure to discuss the impact on net capital outows! Drawing appropriate diagrams based on the class material on nancial crises, along with appropriate explanations, would be most helpful and strongly encouraged!) Figure 18.1: The Russian Stock Market Russian stock. 2,500 market value 2,0\") 1,500 1.000 500 5108 out: \"#08 3308 was was Month