Private investments in Russian shares and OFZs in August hit highs since early 2022
August saw an ongoing positive trend in the stock market. Over the month, the MOEX Index gained 5.0% reaching 3,228 points.
The key rate increase coupled by the growth in the volume of foreign currency sales by exporters helped reduce volatility in the FX market by the end of August. Individuals demonstrated countercyclical behaviour: by the end of the month, they sold more foreign currency than they bought. The share of the yuan in trading reached a fresh high (44.7%).
More details are available in the new issue of the Financial Market Risks Review.