He said that euro and dollar can be a profitable investment “Lente.ru” Candidate of Economic Sciences, finance expert Vladimir Grigoriev.
He believes that they will continue to strengthen until the end of 2024: in the environment of the “sanctions wave” Russian companies are finding workarounds, imports of household and industrial products will increase until the New Year, and the ruble will weaken.
However, Grigoriev advised against transferring all available funds to foreign currency.
“It is better to buy cash dollars and euros because non-cash ones are subject to restrictions, sanctions and some difficulties in withdrawing money. “Cash money does not cause such difficulties,” said the expert.
He added that the dollar and euro can always be sold if the ruble loses value. Grigoriev recommends distributing free money between foreign currency, other investments and favorable deposit rates.
At the end of September, financier Alexander Shepelev guess Strengthening of the ruble in the near future. At the same time, he noted that the balance of fundamental factors is not in favor of the Ruble: Russia’s exports are falling in both value and quantity, while imports are picking up again as importers establish alternative goods channels and payment mechanisms. The ruble remains clear of a more serious weakening due to higher rates in the economy and a slight recovery in oil prices.
Russians had previously been told when the dollar exchange rate would rise. will exceed 100 rubles.