Analyst Alexander Lostev reported that the ruble began to stabilize as yuan liquidity improved, a move seen as supporting the currency in the short term and aiding Russia’s fiscal planning around national tax policy. The observations were attributed to 360.ru.
According to the expert, China understood that with Donald Trump taking power in the United States, simply relying on the previous line of sanctions would not change much. This insight shaped their approach to economic policy and currency markets, and traders watched how Beijing might respond to shifting US dynamics.
The analyst noted that relying on the old expectations would not work under Trump, and the ruble began to strengthen as yuan liquidity remained ample. With ample yuan in circulation supporting trade and financial flows, the ruble showed resilience against short term shocks in the foreign exchange arena.
The discussions between Donald Trump and Vladimir Putin carried weight for the sentiment in the markets because renewed contact between the two nations offered a glimmer of partial sanctions relief. While such diplomacy does not erase policy constraints, it creates room for cautious optimism that some restrictions could be eased over time, which in turn influences market expectations and capital flows.
Several variables determine the ruble’s path. If policy momentum remains aligned with current expectations, the dollar could push higher, potentially testing the 100 rubles per dollar level. Conversely, progress in unlocking export channels could support a ruble rebound. The expert suggested an optimistic scenario around 88 rubles per dollar, while a more conservative view pointed toward a level near 115 rubles for dollar buyers, indicating possible near term losses if volatility persists.
Current forex snapshots show the dollar in the upper 90s rubles per unit and the euro near the 100 ruble mark as markets digest ongoing policy cues from policymakers and financial institutions alike. These readings reflect the transitional phase in currency markets where sanctions, liquidity flows, and diplomatic signals all interact to shape price movements across major pairs.
Earlier this spring, market watchers tracked movements in the dollar, euro, and yuan as policy steps and sanctions produced mixed signals across currency markets, underscoring the sensitivity of the FX landscape to geopolitical developments and macro plans.