Economist explained the reason for the decline in the dollar 14:31

According to economist Nikolai Kulbaki, the dollar exchange rate has been falling since the beginning of the week, the reason for this was the problems of foreign goods suppliers. Against the background of the implementation of American sanctions, the exchange rate on the domestic market depends on them, explained He talks to 360.ru.

The expert noted that exporters continue to be the main suppliers of foreign currency to the country, and foreign currency is purchased by companies supplying foreign goods. The dollar exchange rate is formed depending on their positions.

“Whoever suffers the most from the impact of sanctions will affect the dollar exchange rate,” he emphasized. — If the exporter is having problems, the rate will increase; if the importer is having problems, the rate will decrease. “It has now become clear that importers have problems.”

Kulbaka stated that the price of the dollar will continue to decline in the near future, but the ruble is expected to decline in the long term.

Before that experts statedIt was stated that Russians will continue to buy dollars and euros for their trips abroad. According to them, they have to carry cash with them due to problems with non-cash payments, and yuan is not accepted everywhere.

Formerly investment strategist guess Next week’s RMB, dollar and euro rates.

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Source: Gazeta

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