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Ruble continues to appreciate while shares and bonds go down in April

14 May 2025
News

The ruble was strengthening against the US dollar for the fifth consecutive month as a result of weaker demand for foreign currency from companies.

Amid persistent geopolitical uncertainty, share prices changed diversely in April, but all sectoral indices and the MOEX Russia Index were down as of the end of the month.

Despite the signs of an inflation slowdown, prices for federal government bonds (OFZ) slightly decreased in April, with growth recorded predominantly in yields on long-term OFZ bonds.

More details are available in the new issue of the Financial Market Risks Review.

Preview photo: YuryKara / Shutterstock / Fotodom