In September, the Russian stock market experienced a correction as expectations for corporate profit growth declined and key rate forecasts were reassessed. This shift led to an increase in household investments, with inflows into the stock market reaching ₽74.5 billion. Investments in federal government bonds (OFZ) by households also rose to ₽61.4 billion.
During the same period, the ruble saw a slight weakening but stayed within the fluctuation range observed over the past six months. As the share of ruble earnings increased, exporters’ net sales fell by 21%. At the same time, both foreign companies and Russian banks, along with non-bank financial institutions, increased their sales of foreign currency.
More information can be found in the latest issue of the Financial Market Risks Review.
