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USD/RUB Records Fresh Multi-Month Low

RUSSIA
  • USD/RUB on the MICEX exchange is trading ~1.8% lower on the day, below the 89.00 handle and at its lowest since early July. Price has narrowed the gap to 86.9397 – where the 200-DMA intersects today.
  • First Deputy Prime Minister Andrey Belousov will visit China today while Finance Minister Anton Siluanov meets lawmakers at Federation Council and Foreign Minister Sergei Lavrov participates in a meeting with regional officials.
  • There are no major data releases scheduled for today with PPI data the highlight of the week on Wednesday.

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