Report
Nikolay Minko ...
  • Yuri Popov

Russia FX/Rates Snapshot - June 26, 2020

Expectations of new US stimulus spending have been buoying markets, though it is difficult to see risk appetite growing ahead of the weekend, considering that the coronavirus situation might get worse in coming days. Thus, we think investors will take up a wait-and-see position today, including on the ruble. We expect the local currency to remain at 69 and note that support from exporters will start drying up given that the tax period has ended.
Provider
Sberbank
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.

Analysts
Nikolay Minko

Yuri Popov

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