Russia suffered, but if the economy was a weapon, it cut both ways. You could not damage Russia without damaging its neighbors. The much-feared emerging market crisis hit the post-Soviet world with a vengeance.76 Between the end of 2013 and early 2015 the currencies of Kazakhstan, Azerbaijan and Belarus devalued by 50 percent against the dollar. The Kyrgyz, Moldovan and Tajik currencies lost between 30 and 35 percent of their value.