In recent months, the Russian ruble’s exchange rate has become less and less dependent on world prices for oil and gas, the country’s main exports. This point of view was also expressed by the interviewed experts.Moskovsky Komsomolets“.
Analyst of the Telegram channel “Markets. Money. Power” Sergey Ramaninov believes that the ruble exchange rate in the coming months will depend not on oil prices, but on the situation in the world’s largest economies. “The real threat is the slowdown in China’s recovery, as well as the worsening financial environment in the US and other countries. This could lead to a reduction in global oil demand and a weakening of the ruble,” the expert thinks.
Mikhail Belyaev, PhD in Economics, is also convinced that the Russian currency has lost its dependence on oil prices. According to him, even at 70 dollars per barrel, the dollar rate will remain around 94-95 rubles in the near future. The expert explains this by the fact that the government’s financial resources are insufficient to strengthen the ruble in the current conditions. Thus, the ruble exchange rate is now formed under the influence of a wider range of factors.
According to economist Yudenkov, the ruble is still gain a foothold Approaching December, it is around 80-90 rubles per dollar.
Previously recognizedhow the weakening of the ruble will affect the state of the economy.