Russia FX/Rates Snapshot - March 18, 2022. Ruble Has Found New Equilibrium
The ruble remains stable this morning at around USD/RUB 103. In focus today will be an address by President Vladimir Putin at 15:00 Moscow time and the CBR meeting. We think the ruble might manage to firm to 100 and stabilize at that new level - a level at which demand for FX might emerge.
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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