The dollar fell sharply against the ruble after the May holidays ended. This was influenced, among other things, by the release of US inflation data. About what the ruble exchange rate forecast is for mid-May, Life I learned from experts.
“Perhaps the main event the world foreign exchange market is waiting for right now is that the story ends in US public debt. If the ceiling is exceeded and the Treasury Department defaults on June 1, this will sharply drag down the dollar first and all the assets of the US Government and its affiliates second. Therefore, as of April 8, we see a decrease in the dollar. It currently costs 76.69 rubles, but could break the 70 ruble bar by the end of the month,” said Fyodor Sidorov, a private investor and founder of School of Practical Investing.
The ruble is now “catching up fast”, according to BCS Mir Investments stockbroker Mikhail Zeltser. He noted that the complete collapse of currency pairs was due to the disappearance of the imbalance between the supply and demand of foreign currency.
“The ruble declines in early April should not be remembered at all without a clear intensification of the geopolitical background. And this will be temporary as our economy adapts quickly and reorients itself from the West to the East,” he said.
Earlier it was reported that on the eve of the exchange rate of the US dollar against the ruble at the opening of trade. decreased From 5.75 kopecks to 76 rubles.