Russia FX/Rates Snapshot - June 22, 2020
This morning global markets are stable and the ruble is somewhat weaker. There are no key data releases today. Garnering the most attention will probably be US existing home sales. With Russian exporters set to boost sales of hard currency in order to pay taxes and dividends, we think the ruble will strengthen gradually this week.
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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