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The Business Cycle

Russia: the RUB remains stable

By July 10, 2020February 1st, 2022No Comments

The result of the constitutional referendum strengthened our view that the Russian ruble will remain well anchored – we expect stability against the US Dollar in the near term and a mild depreciation to RUB73/USD in the coming year.

 

FX | Russia: Fair value model for the Russian ruble against the US Dollar | USD to RUB