The American Investment Bank JPMorgan has come out of all financial transactions related to the Russian ruble. This decision was made due to rumors about the so-called “Russian invasion of Ukraine.” This reports Reuters.
“We cannot reject negative scenarios with high confidence. Consequently, our existing long-term recommendations have become untenable,” the Agency quotes the JPMorgan analysts note.
JPMorgan experts noted that they cannot predict the further dynamics of the ruble exchange rate due to foreign policy uncertainty.