Russian financial market begins to adapt to new conditions
12 July 2022
News
The net inflow of foreign currency liquidity in April—June 2022 significantly strengthened the ruble against the US dollar. Concurrently, the risks associated with holding sizable amounts of foreign currency liquidity within the Russian financial system remain high.
The volumes of secondary on-exchange trading in shares, OFZs and corporate bonds are increasing but remain at lower levels compared to early 2022. In the stock market, the importance of retail investors who mainly take a wait-and-see approach is growing.
Further details are available in the new issue of the Financial Market Risks Review.
Preview photo: photopixel / Shutterstock / Fotodom