The analyst explained why the dollar is dangerous at 60 rubles

Andrey Maslov, an analyst at FG Finam, said that the current exchange rate of the ruble against the dollar already creates problems for the Russian economy, as the ruble from exports reduces budget revenues, and if the cost of the dollar is even cheaper – about 60 rubles. , the budget may become “broken” and scarce. It is reported by the agency “hit the primer“.

“Despite falling markedly, exports exceed imports, which gives substantial support to the ruble,” the analyst said.

He noted that reaching the psychological mark of 60 rubles per dollar is still highly unlikely, at least for a long time. In this case, the budget of the Russian Federation will be open and “broken”. The optimal rate for today is 80 rubles per dollar, which the Bank of Russia is striving for.

It was previously known that the euro fallen Up to 66 rubles for the first time since June 2017.

Before that, the euro went down Under 69 rubles. As of May 12 at 10:55 Moscow time, the euro exchange rate fell 2.14% to 68.99 rubles.

According to the US agency Bloomberg, the Russian ruble strengthened against the US dollar, becoming the best among the world’s major currencies, thanks to measures taken to control capital. Russian authorities limited the circulation of foreign currencies after the start of a special military operation in Ukraine.

Source: Gazeta


Please enter your comment!
Please enter your name here


More from author

Putin buys a new “Moskvich”

In President Vladimir Putin's personal garage there were only domestically produced cars. These are two Volga GAZ-21, a Niva in the Jungle version...

They’re building a suitcase-sized seawater desalination plant

It weighs just 10 pounds, like a car wheel, charges faster than a cell phone, costs...