Russia FX/Rates Snapshot - April 20, 2021
The ruble has also slightly firmed against this backdrop, but we think the local currency is likely to remain flat at about 76.2 today. Trading should be calm, as there are few important events and releases due today (the most notable being Russian unemployment and retail sales for March), so the markets will be looking ahead to President Vladimir Putin's annual address to both chambers of Russia's parliament, which will take place tomorrow.
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.
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