Russia FX/Rates Snapshot - July 28, 2020
The ruble underperformed peers yesterday, ending with a 0.2% gain to reach 71.55 against the dollar. The underperformance might be attributable to dividends being paid out, though they have not been that high. As we write this morning, the dollar is clawing back its losses globally and risk appetite is subdued. The ruble has weakened slightly to 71.60. Overall, liquidity will tighten in markets today ahead of the Fed decision tomorrow.
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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