The ruble may strengthen its position against the dollar at the beginning of 2025. about this kp.ru said Dmitry Polevoy, Investment Director of Astra Asset Management.
However, according to him, this rate will remain above 100 rubles per dollar for now. The expert explained that the strengthening of the ruble will be primarily affected by the foreign trade balance.
“And so far it is positive for Russia. Secondly, traditionally the beginning of any year has a positive seasonality in terms of the ruble exchange rate. “The range of 95-100 rubles per dollar looks quite realistic from our point of view,” Polevoy said.
Analyst Maxim Pukhov from the Finam consulting and analytical center also added that the current weakening cycle in the ruble may stop this week, because the tax period will begin at the end of November, when exporters sell foreign currency to make fiscal payments. ruble.
On November 27, the dollar exchange rate exceeded 111 rubles and the euro exceeded 113 rubles. Economists participating in the socialbites.ca survey explained A sharp rise in exchange rates due to the impact of new US sanctions. Experts assumed that the dollar exchange rate would rise to 115 rubles by the end of the year, calling the 120 ruble level an important psychological sign.
Russians before saidShould I expect a dollar for 150-200 rubles?
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.