Russia FX/Rates Snapshot - June 27, 2019
The ruble has continued to pare back yesterday's losses and is up slightly this morning. It should see support from exporters' FX selling ahead of tomorrow's profit tax deadline and next Monday's dividend payment from Rosneft. We therefore expect it to recover to 62.7 today.
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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