Russia FX/Rates Snapshot - November 6, 2018
The ruble weakened to 66.20 on Friday as the dollar surged on strong US jobs data ahead of the long weekend in Russia and the US midterm elections. It continued to slide yesterday, when trading was thin due to the Russian holiday, reaching 66.40 by the middle of the day. Later, it strengthened to 66.0 amid a rise in oil prices. The ruble should continue to trade sideways near 66.0 today ahead of the elections.
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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