Analyst Vasiliev predicts the ruble will strengthen next week

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In the coming week, the ruble will gradually strengthen and trade in the 75-79 per dollar range. About this “Rossiyskaya Gazeta” declaration Sovcombank Chief Analyst Mikhail Vasiliev.

“Next week we expect the ruble to trade in the range of 75-79 per dollar, 81-85 per euro and 10.8-11.3 per yuan,” Vasiliev said. said.

According to him, the ruble will strengthen at the beginning of next week due to the tax period. That is, exporters will actively try to sell foreign currency and buy rubles to close the budget.

He added that within the framework of the budget rule, foreign exchange interventions and the ruble exchange rate will also be supported. The Ministry of Finance sells 5.4 billion rubles worth of yuan every day to make up for the deficit in budget revenues from oil and gas sales.

19 March, Roman Chechushkov, Head of Investment Analytics at Renaissance Bank declarationIn March-April 2023, the ruble exchange rate may strengthen. The Russian currency will be traded in the range of 72-75 rubles against the dollar and 76-78 rubles against the euro.

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