In April, the ruble will be supported, as before, by the Central Bank’s tight monetary policy and rising oil prices. PSB Criminal Code told socialbites.ca about this.
“We believe that the main factor for further significant fluctuations in the ruble exchange rate may be the decision to extend or suspend the compulsory sale of foreign exchange earnings by exporters in April,” said Nikolai Ryaskov, general director for investments.
The Criminal Code explained that the main factor for further significant fluctuations in the ruble exchange rate may be the decision to extend or suspend the compulsory sale of foreign currency earnings by exporters in April.
Before that, BCS World of Investments stock market expert Dmitry Babin said that after the tax period in Russia ends on March 28, the dollar rate could be 93-93.5 rubles. Financier predicted weakening Ruble exchange rate after March 28.
former financier stated About the growing demand for foreign currency in Russia.