Next week the dollar will cost 104-114 rubles. At the Central Bank exchange rate, the euro is 109-112 rubles, the yuan on the Moscow Stock Exchange is 14-15 rubles. This forecast was given to socialbites.ca by BCS World of Investments stock exchange expert Alexander Shepelev. .
“It is highly likely that exchange rates will remain within the specified ranges next week. Foreign currencies may test the upper limits of these ranges as the tax period ends in Russia. “The ruble continues to be caught in the crossfire of negativities such as worsening geopolitics, new sanctions on cross-border payments, seasonal increases in import demand and budget spending, and the strength of the dollar against other currencies,” he said.
According to him, the current exchange rate of the ruble contributes to increasing pro-inflationary risks, and in the near future the authorities may again increase the limits on the sale of proceeds to Russian exporters.
On November 27, the cost of the dollar was more than 105 rubles, and the euro was more than 110 rubles. Based on the Central Bank exchange rate. The yuan exchange rate on the Moscow Stock Exchange exceeded 14 rubles. In the over-the-counter market, the dollar rate exceeded 111 rubles.
Analyst called before maximum Dollar exchange rate until the end of the year.
What are you thinking?
Source: Gazeta
Ben Stock is a business analyst and writer for “Social Bites”. He offers insightful articles on the latest business news and developments, providing readers with a comprehensive understanding of the business world.