Russia FX/Rates Snapshot - September 28, 2020
We expect the ruble to lose ground heading into the US open today, as new major positive drivers have still not emerged. We see it retreating to USD/RUB 78.6, though after Friday's tumble, we think a bigger retreat is possible if the Nagorno-Karabakh situation continues to escalate.
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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