The ruble these days can fall a victim of a dividend season: Schedule

(Bloomberg) - the Ruble can be vulnerable to dividend payments the Russian companies in the first week of June and at the end of July beginning of August when peaks of converting of the received means foreign shareholders are expected, follows from estimates of Public joint-stock company "Bank VTB" the Capital. It can weaken ruble to 74,50 for dollar by the end of June whereas in July influence of dividends will be multidirectional as exporters can sell currency before payments, Korovin Maxime, heading in Public joint-stock company "Bank VTB" wrote in the review the Capital strategy on bonds, to currencies and rates. ©2021 Bloomberg L.P. .