Dollar and euro forecast for next week in Russia

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Next week, the dollar will be traded in the range of 95-98 rubles, and the euro will be traded in the range of 101.5-104.5 rubles. Such an estimate was given to socialbites.ca by BCS Forex analyst Anatoly Trifonov.

“Next week, we expect the volatility in the ruble to remain in the 95-98, euro – 101.5-104.5 corridor and approach the upper limit. The first week of the month has traditionally been bearish for the ruble, with exporters increasing the sale of their foreign currency earnings to pay taxes last week – the ruble loses that support in the first week of the month.

According to Trifonov, an additional risk factor could be the repurchase of oil companies’ shares from foreign shareholders, which could reduce the foreign exchange supply in the market in the short run.

At the close on the Moscow Stock Exchange on Friday, the dollar reached 96.09 rubles, which was 0.065% above the “American” morning level. The euro exchange rate was 104.15 rubles (+0.065%), yuan – 13,264 rubles (+0.094%).

On the eve of Elvira Nabiullina, Chairman of the Central Bank of the Russian Federation accepted At the Board of Directors meeting on September 15, the interest rate was increased. The head of the Central Bank noted that this is in the future absolute Contributing to the stability of the ruble exchange rate. On August 15, the Central Bank of Russia increased the key interest rate by 350 basis points at once to 12% to limit the risks to price stability, and guided the current rate of 4.4% annual price increase against the target of 4%. . What will happen to deposits, loans and rubles now? material “socialbites.ca”.

before in Russia still shortage of ruble buyers.

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