The growth of the dollar and euro is due to the outflow of American currencies from Russia and the reluctance of large export companies to import currency into the country. This is Radio 1’s view voiced Head of the Center for Economic Strategies Dmitry Zavorotny. He also said that the attempt to force exporters to sell foreign currency did not lead to long-term results.
“It turned out that the flow of foreign exchange was actually less than indicated in the regulator’s data. Such an adjustment may affect the exchange rate in the future. “There may also be speculators here who see the mistakes of the Central Bank and begin to bet against the ruble, apparently in the background of all the problems,” he said.
He admitted that the dollar may approach the 100 ruble mark.
Euro exchange rate on December 25 got up It is above the 102 ruble level during morning trading on the Moscow Stock Exchange. The European currency was last trading at this level on October 20, according to RIA Novosti.
As of 11:13 Moscow time, the value of the euro reached 102.11 rubles (+0.36%). At 11:16 the exchange rate of the European currency dropped to 101.99 rubles. At the same time, the value of the dollar increased slightly to 92.07 rubles (+0.07%) and the yuan to 12,841 rubles (+0.02%).
Previously at the Central Bank accepted The share of foreign exchange earnings sales approaches 100 percent.