Ruble strengthens against US dollar, shares and bonds go up in June
10 July 2025
News
In June, the ruble was growing against the US dollar for the seventh consecutive month, though edging down against the yuan. Currency demand from companies hit its lowest point over the past 12 months.
The Bank of Russia’s softer stance on the key rate’s future path amid the signs of inflation slowdown boosted the Russian financial market.
Yields on federal government bonds and corporate bonds continued to decline. Most stock indices started to increase, with the MOEX Russia Index rising by 0.7% month on month.
More details are available in the new issue of the Financial Market Risks Review.
Preview photo: Jakub Zerdzicki / Shutterstock / Fotodom