In the coming months, the ruble will strengthen against the dollar, euro and yuan. writes about this “Russian newspaper” referring to the opinion of financial analyst Yaroslav Ostrovsky.
According to him, by the end of May the dollar will cost 86-96 rubles, the euro 93-103 rubles, and the yuan 11.5-13.3 rubles.
Ostrovsky characterizes the main factors of the strengthening of the ruble as the continued sale of foreign currency earnings by exporters, the maintenance of the Central Bank’s interest rate at the current level and the “soft” monetary policy of the Federal Reserve and the ECB.
At the same time, the weakening of the ruble may be affected by low oil prices, foreign policy pressure on Russia and the strengthening of the dollar on world markets. However, according to the expert, strengthening factors prevail, so in the coming months we should expect the rates of the main currencies against the ruble to be closer to the lower limits of the established ranges.
Prior to this, he was an Associate Professor in the Department of World Financial Markets and Fintech at REU. GV Plekhanov Denis Perepelitsa suggested that the dollar rate in March will fluctuate between 87 and 92 rubles due to instability in the foreign exchange market and other factors such as inflation and oil prices.
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Source: Gazeta
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