The expert revealed the reasons for the sharp fall of the dollar on the Forex market

Among the key factors, due to which the ruble is strengthening, is the improvement of mechanisms of export companies' work, as foreign currency proceeds are converted more efficiently. This was told to "Izvestia" on February 12 by BitRiver financial analyst Vladislav Antonov.

Earlier in the day, the dollar exchange rate on the international Forex exchange fell below 94 rubles.

"In the near future, the ruble is likely to fluctuate in a fairly wide range - 94-105 rubles per dollar. At the same time, the regulator and export companies are most likely not interested in excessive strengthening of the Russian currency," Antonov explained.

According to him, the strengthening of the ruble could have been facilitated by positive changes in relations with Western partners.

"In the current situation, I would not be overly optimistic about ruble quotes. The market is specific and a number of negative factors remain, for example, sanctions pressure, the cost of oil around $76 per barrel and high government spending for 2025," the expert summarized.

Inflation imports: Will the strengthening ruble curb price growth?

The effects of the falling dollar are beginning to be felt

Last year, on December 24, the head of Sberbank German Gref said that there is no room for a serious weakening of the ruble. In his opinion, the dollar rate at the end of 2025 will be approximately 112-115 rubles.