Russia FX/Rates Snapshot - June 20, 2018
This morning, the ruble is strengthening, as risk sentiment has improved. It has good potential to go to around the 63 level in the short term, as large exporters have not yet been active, and still need to sell a lot of FX to pay out a record-high MET tax bill due on Monday.
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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