The ruble has been on an upward trajectory against the US dollar for five consecutive months. This trend is attributed to a decline in demand for foreign currency from companies.
In April, share prices exhibited varied movements amid ongoing geopolitical uncertainty. However, all sectoral indices and the MOEX Russia Index experienced declines by the end of the month.
Despite indications of a slowdown in inflation, federal government bonds (OFZ) saw a slight decrease in prices during April. Growth was primarily observed in yields on long-term OFZ bonds.
Further information can be found in the latest issue of the Financial Market Risks Review.