Financial news: The ruble strengthened in August, while stocks mostly rose.

Translation. Region: Russian Federal

Source: Central Bank of Russia –

An important disclaimer is at the bottom of this article.

The rouble strengthened against major foreign currencies in August, returning to the middle of the range observed in May-July.

The yields of short-term and long-term OFZs showed multidirectional dynamics, but on average along the curve they increased slightly. The yields of corporate bonds decreased at the end of the month.

Despite the correction at the end of the month, all sectoral stock indices remained positive at the end of the month.

Read more in the next issue "Review of Financial Market Risks".

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