Sberbank - Russia FX/Rates Snapshot - July 18, 2018

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Sberbank

Nikolay Minko ...

Tom Levinson
Yuri Popov

Russia FX/Rates Snapshot - July 18, 2018

This morning, the ruble is weakening again, pressured by oil prices near multi-month lows. They fell overnight after the weekly API report showed an unexpected rise in US crude stocks. The ruble may weaken further, as we expect the conversion to FX of the dividends on Sberbank DRs totaling $1 bln to happen either today or tomorrow.

18/07/2018 3 EN

Provider

Sberbank

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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Analysts

Nikolay Minko

Tom Levinson

Yuri Popov

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Russia FX/Rates Snapshot - July 18, 2018

Russian Consumer - Unemployment and Income: The Outlook for 2022

Russian Banks - What We Know at This Stage

Russia FX/Rates Snapshot - March 24, 2022. Ruble Could Take a Pause After Sharp Gains

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