Russia FX/Rates Snapshot - February 16, 2022. Ruble Could Extend Recovery Today
The ruble saw another seesaw trading session yesterday, but managed a gain for the second straight day (+1.2% against the greenback at the close). The bulk of the daily move took place after the Moscow open on reports that Russian troops from the Western and Southern Military Districts are to return to their permanent bases after military drills. The last two days have risen hopes for a diplomatic solution to the geopolitical crisis in Eastern Europe, and we think the geopolitical premium in the ruble could keep edging lower.
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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.