Analyst Dzhioev announced that the dollar could fall to 65 rubles

No time to read?
Get a summary

The local currency could strengthen up to 65 rubles against the dollar, and recent exchange rate changes are a normal phenomenon for post-holiday trading. About this “Lente.ru” declaration Alpha Capital Analyst Alexander Dzhioev.

“On Monday, the ruble strengthened by almost 3.5 percent and the dollar-ruble pair fell below 70. Thus, the instrument has returned to the upper limit of the market-known range of 65-70 rubles, which is quite logical. in terms of balance of payments parameters”.

According to him, if the current balance of exports and imports is observed, the ruble appears in the specified range. That is, the account of the transactions made should be large.

He added that exchange rate volatility has always been a common occurrence for trading starting after the holidays.

January 9, stockbroker of the financial holding “BCS Mir Investments” Yevgeny Mironyuk declarationIt was stated that the ruble could strengthen against the dollar before starting foreign exchange purchases within the framework of the Central Bank’s budget rule. According to him, at the beginning of 2023, the ruble rate will fluctuate more than in August-November last year.

No time to read?
Get a summary
Previous Article

This is how Lake Chad dries up, on which the survival of 40 million people depends

Next Article

ECB proposes to regulate cryptocurrencies as gambling