RUB
Russian Ruble (USD/RUB)
85.860
-0.29% (-0.250)
Market read
Two consecutive weekly declines in Russian consumer prices suggest near-term disinflationary momentum, which is relevant to the Bank of Russia's rate-setting outlook and by extension to RUB-denominated assets. The pace of decline slowed from 0.06% to 0.02% w/w, indicating the deflationary impulse may be moderating. Next up: MBA 30-Year Mortgage Rate.
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Russia's weekly CPI fell 0.02% w/w in the week ending August 17, following a 0.06% w/w decline the prior week.
Two consecutive weekly declines in Russian consumer prices suggest near-term disinflationary momentum, which is relevant to the Bank of Russia's rate-setting outlook and by extension to RUB-denominated assets. The pace of decline slowed from 0.06% to 0.02% w/w, indicating the deflationary impulse may be moderating.
Jin10·08/19, 11:00 PM
Russia's weekly consumer price index fell 0.02% w/w in the week ending August 17, after a 0.06% w/w decline the prior week.
Jin10·08/13, 05:04 PM
Russian ruble touches 84 against the US dollar for the first time since March 20.
FirstSquawk·08/12, 08:52 PM
Russia's Supreme Court has disqualified the anti-war Yabloko party from participating in the September parliamentary election.
