In September, the MOEX Russia Index saw an increase of 7.8%, marking its first rise since May. The stock market was influenced by news related to dividends from certain companies.
Meanwhile, the ruble continued its depreciation trend. In response to these conditions, individuals sold more foreign currency than they purchased for the first time since August 2023.
Yields on OFZ (federal loan bonds) increased, which led to a negative revaluation of banks' securities portfolios. However, this impact is limited and does not significantly affect the overall resilience of the banking sector.
Further information can be found in the latest issue of the Financial Market Risks Review.