Source: Thomson Reuters
- USD/RUB rebounds off lows as CBR lifts FX repo rates for 2nd time in 2 weeks
- Move to take edge off domestic-funded carry trades into RUB
- 7-day repos now LIBOR+150 bps from Mon, had been LIBOR+50 bps in late March
- Pre-weekend squaring up from oversold conditions also kicks in, volumes heavy
- 50.27/50.228 set to be solid support
