Macro Analysis / Russia

Russian ruble — Geopolitical risk premium in focus

  • Ruble approaching RUB80/$, weakest among EM currencies since the start of September
  • Ruble fair value view remains unchanged at the RUB68-78/$ fundamental range for 2021
  • Geopolitical premium – how high could it go?
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The contents of this document have been prepared by Joint Stock Company “Alfa-Bank” ("Alfa Bank") as Investment Research within the meaning of Article 36 of Commission Delegated Regulation (EU) 2017/5...

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