Russia FX/Rates Snapshot - May 11, 2021
The ruble is stable at around 74.2 this morning, while the dollar is depreciating slightly against most currencies. The focus will be Fed speakers, who are likely to comment on the recent rise in commodities prices and heightened inflation expectations. We see the ruble recovering to 74 today, as the geopolitical situation looks calm, and the external background is generally upbeat.
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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