Russia FX/Rates Snapshot - December 13, 2018
The ruble traded in a 66.20-66.50 range yesterday. Exporters were selling hard currency near the upper bound, while foreigners were buying near the lower one. Trading activity was very low.This morning, major EM currencies have strengthened against the dollar on the positive momentum in the US-China trade talks. Meanwhile, recent increases in US Treasury yields suggest support for demand for risk assets globally.
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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