In Russia, after the end of the tax period on March 28, the dollar will cost 93-93.5 rubles. This forecast was given to socialbites.ca by Dmitry Babin, stock exchange expert from BCS World of Investments.
“The ruble initially fell in price in response to information about the terrorist attack on Crocus City Hall, which appeared on Friday after trading ended on the foreign exchange market. On March 25, the dollar rose to a weekly high of just over 93 rubles. True, the ruble avoided a deeper decline and soon began to make upward attempts,” the expert noted.
The ruble is supported by the tax season, which peaks on Monday and Thursday this week. 25 and 28 March . Babin concluded that in this case the additional supply of foreign currency from exporters will disappear, which can contribute to the weakening of the ruble.
The dollar exchange rate may rise to 95 rubles. In April, guess Candidate of Economic Sciences, Director of the Federal Center for Financial Literacy Methodology, Associate Professor, Department of Global Financial Markets and Fintech of the Russian University of Economics, in an interview with socialbites.ca. GV Plekhanov Denis Perepelitsa. The economist explained that basically the weakening of the ruble exchange rate could be caused by an increase in capital outflow against the backdrop of an increase in the terrorist threat.
According to the Moscow Stock Exchange, the cost of the dollar at 16:54 Moscow time on March 25 is 92.8 rubles. At the morning auction, the American currency rose to 93.05 rubles. For the first time since March 18.
Previous Analyst explained Due to the terrorist attack in Çiğdem, the dollar rose above 93 rubles.