Russia FX/Rates Snapshot - October 3, 2019
Ruble volatility increased again yesterday. Weak exporter FX sales failed to boost the local currency, which weakened to as high as 65.50 yesterday morning. It turned around at that level, supported by a backdrop of rising EM currencies, and advanced to as low as 65.05. However, negative economic data out of the US put it back under pressure and it ended up closing at 65.25, where it had started the day.
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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