The dollar rate can change depending on various reasons. Therefore, you should not rush to buy or sell US currency now. About this “Public News Service” declaration Candidate of Economic Sciences Leonid Khazanov.
“It is quite possible that the dollar will fall below 70 rubles. However, it may change course under the influence of any cause that is difficult to predict. In this case, it is better not to rush to exchange rubles or dollars,” he said.
According to him, now the ruble is getting stronger and this is under the influence of a number of factors. For example, the Bank of Russia has not changed the main rate, several companies are preparing to pay dividends, exporters are selling the currency they earned during the May holidays, and there is fear of a default in the United States.
He added that the impact of the above factors has prompted investors to try to get rid of the US currency in order to switch to safe assets.
May 11, Central Bank (CB) Deputy Governor Alexei Zabotkin declarationso far, with a high probability, the lowest point at which export earnings were taken has already been exceeded. This factor explains the current strengthening of the ruble against the world’s major currencies, including the US dollar.