Russia FX/Rates Snapshot - June 9, 2021. Rates Curves to Keep Moving Higher; Ruble to Gain Foothold Near USD/RUB 72
The ruble has extended its gains this morning, reaching 72 to the dollar, as the supportive factors remain in place. We think it is likely to settle around the 72 mark today, though it is tough to say whether it will be able to strengthen much beyond this level.
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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