Russia FX/Rates Snapshot - July 17, 2019
The ruble weakened versus the dollar early yesterday amid relatively heavy FX buying, which likely owed mainly to large dividend payments due to foreign shareholders. We expect the local currency to continue to track flows related to dividend payments over the next two weeks.
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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