The dollar exchange rate fell below 89 rubles for the first time since November 30. This is proven by business data. Moscow Stock Exchange.
In the last three days from December 27 to 29, the value of the US dollar fell from 91.6 to 89 rubles.
Russian ruble may become even stronger strengthen your position In 2024. This view is shared by SberCIB analyst Yuri Popov, who expects the ruble to rise to 85 per dollar by the end of March. He noted that the reason may be that the Central Bank sells money according to the budget rule. According to his forecast, the value of the dollar in the first quarter of next year will be about 88 rubles.
Also trust overly optimistic forecasts not worth itsays Associate Professor at the Department of Global Financial Markets and Fintech at the Russian University of Economics. GV Plekhanova Tatyana Belyanchikova. For example, a scenario in which the value of the dollar will be 60 rubles in 2024 is extremely unlikely. The rate of 85-90 rubles is “much closer to reality”.
Previously Governor of the Central Bank Elvira Nabiullina statedIt is stated that the Central Bank plans to buy foreign currency when the Brent oil price is at 88-90 dollars.