Russian Health Minister: First batch of vaccine against COVID-19 to be released within 2 weeks
|Russia’s Health Minister Mikhail Murashko said at a press conference on Wednesday, the first batch of the vaccine against coronavirus is expected to be released within two weeks.
Key quotes
"Within two weeks, the first batch of the vaccine will be released.”
"The vaccination will be voluntary anyway. Some of those doctors who already have immunity against the coronavirus, there are around 20 per cent, ... think they do not need vaccination, it will be up to them to decide.”
“While covering Russians' needs is a priority, the vaccine could also be exported abroad.”
"The vaccine certainly has some export potential, and we will certainly offer it to foreign countries], but the domestic market needs are our priority.”
On Tuesday, Russian President Vladimir Putin announced that they have registered the first coronavirus vaccine in the world.
The vaccine, named Sputnik V, was developed jointly by the Gamaleya Research Institute and the Russian Defense Ministry.
Market reaction
The Russian ruble fails to benefit from the above comments and higher oil prices, as USD/RUB rises 0.18% so far, looking to test 73.50.
However, the vaccine news appears to have added to the risk-on market profile.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.