In his conversation with socialbites.ca, BCS World of Investments analyst Denis Buivolov predicted that in February the dollar exchange rate would be below 100 rubles, the euro would be below 103-104 rubles, and the yuan would be below 13 rubles.
“The outlook for the ruble for February looks quite positive. First, we pay attention to seasonality – in February-March, as a rule, the strongest balance of payments surplus is observed. Secondly, we can assume that some progress has been made on the geopolitical front following the inauguration of US President Donald Trump. “The dollar may fall below 100 rubles starting in January, the euro may fall to 103-104 rubles, given the possible strength of the global dollar, and the yuan may return to 13 rubles,” Buivolov said.
Trump’s inauguration on January 20 and his first statements, as well as the geopolitical and economic agenda, allowed for sudden increases in currency volatility amidst decisions.
On January 13, the value of the dollar was more than 102 rubles, the euro was more than 105 rubles, and the yuan was more than 13 rubles. According to Buivolov’s forecast, this week the yuan rate may move towards 14 rubles, the dollar may remain a few rubles above 100 rubles, and the euro may move in the range of 105-108 rubles.
Previously “socialbites.ca” saidWhat will the dollar and euro exchange rates be in 2025?