Next week, the ruble exchange rate will continue to strengthen against world currencies. The dollar rate will be 86-89 rubles, the euro will be 94 to 98 rubles, the yuan will be 11.9 to 12.3 rubles. This is the prediction of Rossiyskaya Gazeta given Mikhail Vasiliev, chief analyst of Sovcombank.
According to him, the two main factors in the current strengthening of the Russian currency are the seasonal decrease in foreign currency demand at the beginning of the year and the continuing high supply in the domestic market. This was facilitated by the presidential decree on the compulsory sale of foreign currency earnings.
Vasiliev added that additional support for the ruble next week will come from increased yuan sales by the Central Bank of the Russian Federation, high oil prices and high ruble interest rates.
It seems unlikely that the ruble will experience a sharp depreciation in 2024. aforementioned “socialbites.ca” Candidate of Economic Sciences, Associate Professor of the Basic Department of Financial Control, Analysis and Audit of the Main Control Directorate of the Moscow City REU. GV Plekhanova Yulia Kovalenko answers the question of whether the price of the dollar will rise to 100 rubles in 2024. The forecast for this year is 85-95 rubles per dollar.
Previously on “BCS” in the name The factor of sharp strengthening of the ruble exchange rate.