Tag Archives: Russia
Russia flows and eod
Russian assets trade weak given the performance of the global markets and hammered by Urals oil at 106 (down from 112 last week).
Russia flows and eod
Basket trades very range-bound for the 2nd day within 35.72/80, while rates slide down on better local RUB supply. Looks like the street getting long the currency now after a period of being flat since the end of October.
Russia flows and eod
If yesterday move looked like a correction then today’s one is a proper classic sell-off. RUB lost 25kop ag the basket straight from the open to get to 35.80, and then gave up 25kop more to reach 36.05 highs when world was going under after Greek referendum news.
Russia: the CBR increased capital outflow forecast to USD70bn for 2011
Today, the CBR drastically hiked its forecast on capital outflow from USD36bn ( the Economy Ministry sees it at USD50bn) to USD70bn in 2011. This is more realistic view, taking into account that net capital outflow reached USD49.6bn in Jan-Sep.