Instrument
The VanEck Vectors Russia ETF (RSX) is a fund that offers exposure to equities from Russia, which include publicly-traded companies that are incorporated in Russia or that are incorporated outside of Russia but has at least 50% of their revenues/related assets in Russia.
Source: VanEck
Macro Data
In September, the growth rate of Russian retail turnover slowed down to 0.7% YoY. This is a logical consequence of the continuing decline in consumer demand in Russia.
But at the same time, there is one positive point. In the last quarter, the growth rate