Declining current account surplus points towards weaker RUB – Commerzbank USDRUB RussianFederation Banks
RUB exchange rate now only reflects current account flows
“In the longer-term, Russia’s current-account will drift more towards neutral which points towards weaker RUB levels.”Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
USD/CAD: Weak Canadian inflation to put selling pressure on the Loonie – CommerzbankToday's focus will be on Canadian Consumer Price Index (CPI) report. Weak figures could weigh on the Loonie, but losses should be limited, economists
Les mer »
SEK to ease again rapidly if Riksbank disappoints with less than 50 bps – CommerzbankFollowing the inflation data for December it is going to get tight for the Riksbank when it comes to sticking to its current rate path, according to e
Les mer »
Dollar is denied more significant gains, upside pressure in EUR/USD to dominate – CommerzbankThe market has already lowered its expectations for the February FOMC meeting and now only expects a 25 bps rate hike. Economists at Commerzbank note
Les mer »
EUR/PLN to drift down to around 4.65 by end-2023 – CommerzbankThanks to its high beta, the Zloty should benefit from a stronger euro in 2023. However, the conflict with the EU and a hesitant central bank remain P
Les mer »
Gold Price Forecast: Sustainability of the current XAU/USD upswing is uncertain – CommerzbankGold price climbed to $1,930 at the start of the week, thereby reaching its highest level since the end of April 2022. Nonetheless, economists at Comm
Les mer »
Stable to lower USD/INR in 2023, seen at 81.50 by year-end – CommerzbankIndian Rupee was the second worst performer vs USD in 2022, behind only the Yen. Economists at Commerzbank look for a stable to slightly firmer INR in
Les mer »