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Sberbank analysts gave a forecast for oil, ruble, OFZ

Schedule ruble to dollar at intervals of 60 minutes

Sber CIB analysts predict that the price of Brent crude, which rose to $ 66.3 a barrel on Friday, is likely to gradually retreat to $ 64.6 on Monday. A rise in oil prices is unlikely.

Also, Sberbank predicts a further strengthening of the ruble on Monday, which, according to analysts, will be facilitated by large sales of foreign currency by exporters to pay taxes. Analysts have not named the target level to which the national currency may rise.

After raising the key rate by the Bank of Russia on Friday, the yields of ruble-denominated government securities increased. On Monday, the market for ruble government debt will be trading around Friday’s levels – Russian investors are waiting for the Finance Ministry’s proposals on Wednesday and will not rush to make purchases, Sber CIB believes.

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