In November, most segments of the financial market recorded a rise in prices. Markets expanded in the majority of advanced and emerging market economies, including Russia. This upward trend was driven by a calm geopolitical situation and news about highly efficient anti-coronavirus vaccines and the possibility of their usage in the near future.
As of the end of the month, ruble strengthened against US dollar, gaining nearly 4%. More details are available in the new issue of the Banking Sector Liquidity and Financial Markets commentary.
See PDF here: https://www.cbr.ru/Collection/Collection/File/31725/LB_2020-57.pdf
This news item was originally published by the Central Bank of the Russian Federation (CBR RU). For more information, see the Source Link.
