Analytics

DASKA Hit the Ruble?

US Senate to discuss sanctions against Russia

On December 11, the US Senate will discuss a new package of sanctions against Russia, which could affect the banking and oil sectors. In addition, senators will return to discussing restrictions on investment in Russian government debt securities.

Progress in the discussion, as well as hints of approval of the act “Defending American Security from Kremlin Aggression Act,” may cause the sale of the ruble. On top of that, oil that supports the Russian currency is also showing signs of weakness.

Assets Summary
USD/RUB Buy

 

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