Analyst predicted the euro exchange rate by the end of the year

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Alexander Shneiderman, head of Alfa-Forex sales and customer support department, says that since the beginning of December, the dollar has been falling against the world’s leading currencies, and this is connected with the expectation of the loosening of the US Federal Reserve’s policy. Thus, the euro becomes more expensive against the dollar; In his interview with RT, he stated that in a few weeks this figure was 3%.

“The ECB does not plan to ease monetary policy yet. The analyst emphasized that despite the eurozone’s apparent difficulties, the current position of the euro remains attractive for investors.

Shneiderman added that the ruble is under pressure ahead of the New Year, as traditionally during this period the demand for foreign currency increases and therefore volatility increases. According to his forecast, it is unlikely that the euro exchange rate will exceed 102.5 rubles by the end of the year.

Let us remind you that the euro exchange rate will change today during morning trading on the Moscow Stock Exchange. got up As of 13.30, the euro rate was 101.4 rubles, above the 102 ruble limit for the first time since October 20.

former financier said This week it’s about the ruble exchange rate.

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