Russia FX/Rates Snapshot - July 27, 2020
The ruble registered a 0.4% loss versus the dollar on Friday, ending the day at 71.70. Its low point came after the CBR decision. Reports later in the evening that the CBR would net out all of its pending ruble operations had little impact on the local currency, which was able to continue recovering. This morning, the ruble has strengthened to 71.50 amid the dollar's retreat 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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