Translation. Region: Russian Federation –
Source: Central Bank of Russia
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In September, the stock market entered a correction amid lower expectations for corporate profit growth and a reassessment of key rate expectations. This increased the attractiveness of stock prices, resulting in the inflow of household funds into the stock market rising to 74.5 billion rubles. The population also increased new investments in OFZs, reaching 61.4 billion rubles.
The ruble weakened slightly in September but remained within its fluctuation range over the past six months. Despite the growing share of ruble revenue, net sales by exporters fell by 21%, while foreign currency sales by foreign companies, Russian banks, and non-credit financial institutions increased.
Read more in the next issue. Review of Financial Market Risks.
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