Translation. Region: Russian Federation –
Source: Central Bank of Russia
An important disclaimer is at the bottom of this article.
The stock market returned to growth in November after two months of decline: the Moscow Exchange Index rose 6.0%. Sector indices also rose, with most posting the highest total returns among Russian financial market instruments for the month. Currency instruments, including cryptocurrencies, performed the worst.
OFZ yields fell, most significantly at the far end of the curve. This was driven by the placement of two large floating-rate bonds.
Foreign currency sales by exporters fell to $6.9 billion. Demand for foreign currency also declined, supporting the ruble.
Read more in the next issue. Review of Financial Market Risks.
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