As soon as oil prices rise and exports and imports stabilize, the ruble will start to strengthen. About this “Lente.ru” declaration Candidate of Economic Sciences, financial expert Vladimir Grigoriev.
“News on rising oil prices, some economic successes within the country, and improving data on the balance of exports and imports within the country may have a positive impact on the ruble exchange rate,” Grigoriev said.
According to him, there are currently no prerequisites for the strengthening of the ruble. This happened mainly due to the sufficient growth of imports in Russia and the decline of exports. Also, the demand for the currency is still quite high.
He added that some political and economic risks remain. That’s why investors continue to invest in dollars and euros.
Alexander Razuvaev, formerly economist, financial analyst, member of the Supervisory Board of the Association of Financial Analysts and Risk Managers declarationThe ruble may strengthen in the future, so you don’t have to worry now about the dollar’s appreciation, which has risen above 87 rubles on the Moscow Stock Exchange for the first time since March 29, 2022.