Russia FX/Rates Snapshot - November 30, 2020
We think that OPEC will eventually manage to do so and that oil prices will pare back losses. We also think the euro could head to 1.20 against the dollar today, unless ECB President Christine Lagarde tries to talk it lower at the European Policy Center Forum. Against this backdrop we think the ruble should be able to recover to USD/RUB 76 even if strong demand for FX remains in place.
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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