Russia FX/Rates Snapshot - August 27, 2018
Today, FX flows are likely to be balanced. Exporters will sell more FX to make upcoming tax payments, while there is still a local bid for FX attributable to worries of Russia-US tensions rising again. Internationals will likely be inactive due to the bank holiday in the UK. In the absence of negative news, we expect USD/RUB to trade flat.
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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