Russia FX/Rates Snapshot - November 25, 2020
The ruble is stable this morning, while cautious optimism remains on foreign markets and the euro is trading above the important 1.19 level. Taking into account the R300 bln in MET due today, exporters may still be selling currency early, potentially propelling the ruble to 75. It could manage to gain a foothold there if optimism on global markets picks up.
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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