The analyst did not rule out the euro reaching parity with the dollar in 2025

By March 2025, the euro exchange rate may equal the dollar exchange rate - reach parity with the U.S. currency, Alina Poptsova, stock market analyst at Alfa Capital Management Company, has not ruled out. She told Izvestia on December 9.

According to Bloomberg, the dollar reached 0.9472 euro.

"Pressure on the euro is intensifying due to investors' concerns about the prospects for economic growth in both China and the eurozone amid [ US President-elect] Donald Trump's statements about the planned introduction of import duties. This may require the ECB (European Central Bank. - Ed.) to more actively ease monetary policy to maintain GDP growth compared to the pace of the U.S. Fed (Federal Reserve. - Ed.)," Poptsova noted.

According to her, the Fed, on the contrary, is signaling more caution in cutting rates given the high economic growth and stability of inflation. While the ECB is more likely to go for a rate cut in December and in the first quarter of 2025, the scenario of a pause in December is not excluded for the Fed if inflation turns out to be higher than expected, the analyst specified.

"It is not excluded that by March the euro may reach parity with the U.S. dollar," - suggested the expert.

Fall down - get up: will the Central Bank's measures help to curb the ruble's decline?

What else the authorities can do to stabilize the exchange rate and whether they will maintain it

Earlier, on December 6, the head of Sberbank German Gref said that there is no room for serious weakening of the ruble's position. In his opinion, the dollar rate at the end of the next year, 2025, will be approximately 112-115 rubles per U.S. unit. At the same time, he admitted that while some weakening of the Russian currency is indeed present, but no surprises are expected: the national currency rate will fluctuate depending on the situation.