Economist warns about fluctuations in the ruble exchange rate

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Candidate of Economic Sciences Nikolai Kulbaka warned about the tendency of the ruble exchange rate to jump. reported this “Lente.ru”.

According to him, Russia no longer has the opportunity to strengthen the Russian currency. But the ruble has a tendency to weaken due to the fact that Russia now receives less foreign currency from trade, but at the same time it needs this currency.

The economist added that the competitiveness of the Russian economy is not very high.

Previously the dollar was on the Moscow Exchange fallen Trading platform data shows that it is below 99 rubles, losing 3.5 rubles from the maximum value reached during the day.

As of 18:19, the dollar dropped to 99.04, then increased slightly to 99.07 at 18:21.

Before that, on this day, on the Moscow Exchange the dollar fell below the base level of 100 rubles: at 17.50 the rate fell to 99.98 rubles. The euro exchange rate dropped from 38 kopecks to 105.39 rubles.

The Central Bank of the Russian Federation on October 10 set the official exchange rate for the dollar at 101.3598, for the euro at 107.0322 and for the Chinese yuan at 13.8926.

Previously recognizedHow will the weakening of the ruble affect the state of the economy?

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