Russian Stocks Trade Near Record as Valuations, Ruble Lure Funds

Updated on
  • Investment inflows average weekly $72 million since June
  • VTB 24: weaker currency makes ruble-priced shares opportunity

Russian stocks approached record highs as investors seized on a weaker ruble and the prospect of long-term stimulus from global central banks as they purchased equities trading below the valuations of their developing-nation peers.

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