Russia FX/Rates Snapshot - April 3, 2019
Nonresident FX demand at 65.30 pushed USD/RUB to 65.65 yesterday, where offers appeared from exporters, which kept the ruble in this range for the entire session. Demand for risky assets spurred by the publication of US durable goods orders helped the ruble to close near the lower end of the trading range. Today, it has firmed to 65.15 amid ongoing positive global sentiment stemming from developments in the US-China trade talks.
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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