Sberbank - Russia FX/Rates Snapshot - November 18, 2021. Ruble Recovers But Further Gains Unlikely For Now

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Sberbank

Alisa Zakirova ...

Igor Rapokhin
Yuri Popov

Russia FX/Rates Snapshot - November 18, 2021. Ruble Recovers But Further Gains Unlikely For Now

Yesterday, the ruble strengthened around 1% versus the dollar to reach USD/RUB 72.5, erasing Tuesday's losses. It found support from increased FX selling by exporters and a relatively calm geopolitical backdrop. However, the local currency is in retreat again this morning, as the dollar is strengthening globally and oil prices are dropping.

18/11/2021 4 EN

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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.

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Analysts

Alisa Zakirova

Igor Rapokhin

Yuri Popov

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Russia FX/Rates Snapshot - November 18, 2021. Ruble Recovers But Further Gains Unlikely For Now

Russian Consumer - Unemployment and Income: The Outlook for 2022

Russian Banks - What We Know at This Stage

Commodities Daily - March 24, 2022

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