The ruble is anticipated to regain some ground, with forecasts pointing to roughly 89–91 rubles per dollar in the near term. This projection comes from a finance analyst widely cited by readers, Vladimir Grigoriev, who holds the degree of candidate of economic sciences and is associated with Lentoy.ru.
In recent trading on the Moscow Exchange, the dollar briefly moved above 93 rubles, marking a notable spike not seen since February 9. The euro also breached the psychological barrier of 100 rubles, underscoring a period of heightened volatility in currency markets.
Grigoriev attributed the ruble’s recent weakness against major currencies to two main drivers. First, the European Union’s ambassadors gave the green light to the 13th sanctions package against Russia, with discussions underway about a potential 14th package. Second, there has been a modest downturn in oil prices in the same window, contributing to the currency movement.
From the analyst’s perspective, the current trend may reverse within a few days to two weeks. He noted that if export flows improve and no new adverse factors emerge, the ruble should stabilize more quickly than before.
In parallel, analysts have been tallying the cumulative impact of sanctions imposed on Russia since 2022, as markets monitor how restrictive measures influence exchange dynamics and macroeconomic stability. The discourse around sanctions continues to evolve as policymakers and market participants assess new developments.
Recent statements from U.S. authorities have indicated the imposition of hundreds of new sanctions in relations with the Russian Federation, reinforcing the expectation that the regulatory environment will remain a key driver of currency and commodity trajectories in the near term. [Citation: Lentoy.ru]