The dollar rate on the Moscow stock exchange exceeded 95 rubles for the first time since August 17

No time to read?
Get a summary

According to the data, the dollar rate exceeded 95 rubles for the first time since August 17. Moscow Stock Exchange.

As of 16:07 Moscow time, the dollar rose to 95 rubles. (+0.14%). The euro rose 0.16% to 102.82 rubles.

Earlier, economist Yuri Yudenkov, Professor of Finance and Banking at RANEPA, predicted that the dollar could rise. come back By December to the level of 80-90 rubles.

According to him, Russia has achieved notable success in the manufacture of combine harvesters, equipment for factories, and machinery for the light and processing industries, as well as food exports. Thus, Russia will be able to recover the loss in oil and gas prices, for example, by exporting food products to China.

The economist explained the current values ​​​​of exchange rates by the actions of speculators and admitted that without any political shocks, the situation will stabilize: it is possible that the dollar will cost 80-90 rubles in November.

Previously recognizedhow the weakening of the ruble will affect the state of the economy.

No time to read?
Get a summary
Previous Article

Heieneken sells its business in Russia for 1 euro and incurs 300 million losses

Next Article

Federation Council explains how BRICS differs from G7