A possible peak in the strengthening of the Russian ruble against the dollar may occur at the end of spring. He reached this conclusion in a conversation with Alexey Mikheev, analyst and investment strategist at VTB broker My Investments. “Lentoy.ru”.
“We are positive about the outlook for the ruble in the next two months,” the expert said.
According to his information, quarterly additional income tax (ATT) payments will be added to the monthly mining taxes (MET) payments at the end of March and April. At the same time, the amount of tax that exporters will pay within the scope of mineral extraction tax is estimated to be ₽ 700 billion. Moreover, the February tax period is approaching. According to preliminary estimates, the final payment for the previous year and the advance payment for the first quarter of 2024 will amount to RUB 400 billion and RUB 500 billion, respectively.
“The peak of ruble strengthening will occur at the end of March,” says Mikheev.
The analyst noted that by this time the dollar/ruble pair could jump to the lower limit of the range of 87-92.5 rubles.
“At the same time, the potential for an even stronger strengthening of the ruble remains,” the investment strategist said.
Before that, Candidate of Economic Sciences, Director of the Federal Center for Financial Literacy Methodology, Associate Professor at the Department of Global Financial Markets and Fintech at the Russian University of Economics. GV Plekhanov Denis Perepelitsa gave a forecast “socialbites.ca”That in March strong fluctuations in the ruble exchange rate are possible – the dollar will cost from 85 rubles to 92 rubles.
previously economist denied The impact of Putin’s interview on the ruble exchange rate.