Russia FX Beat - May 22, 2018
According to CBR First Deputy Governor Ksenia Yudaeva, there are factors in place in favor of both cutting the key rate and leaving it unchanged at the June meeting. Her view is based on the ruble's relative strength against other EM currencies over the past two months and the low exchange rate pass-through. However, she is concerned by a recent rise in oil product prices. We do not rule out a rate cut in June, but we think it is more likely to come in 2H18.
Sberbank CIB Investment Research is a research firm offering equity, fixed income, economics, and strategy research. It covers analysis on all aspects of Russia’s capital markets, issues and industries. The firm analyzes trends in Russia and combines local knowledge with a global perspective. It processes macroeconomic data, market and company-specific news, stock quotes and other information for providing research reports. The firm provides details and latest prices on the most traded names and most traded paper on all segments Russian market. In strategy research, it provides thematic research, tips and descriptions of the methodology used to evaluate companies.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.