Russia FX/Rates Snapshot - February 14, 2020
Risk assets and oil prices again found themselves under pressure yesterday from coronavirus worries. The ruble weakened to as high as 63.77 to the dollar against this backdrop, with FX selling by exporters around the 63.60 level limiting the retreat. Later on, a rebound in the oil market allowed the local currency to erase some of the losses. It closed at 63.65, off 0.7% for the day.
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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