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Russia’s National Wealth Fund rose by 38.7 billion rubles in October, reaching a total of 13.2 trillion rubles, the Ministry of Finance reported. The fund’s liquid assets stay at 1.9% of GDP.
#Russianbank
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SberCIB's baseline projection for 2026 indicates that the ruble is expected to depreciate further, hitting 14.7 RUB per yuan and 100 RUB per dollar. This outlook is influenced by several factors, including a decrease in the key interest rate, anticipated reductions in foreign currency sales by the Central Bank, and a possible decline in currency sales by exporters resulting from low oil prices.
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