The economist made a forecast about the ruble exchange rate in March

The ratio of the ruble to the dollar currently depends primarily on geopolitics and, to a large extent, on psychology, rumors, expectations, assumptions, and so on. This opinion was expressed by Candidate of Economic Sciences, financial expert Vladimir Grigoriev on Thursday, February 27. He also predicted the future of the course in March 2025.

According to him, the fact that the new president USA Donald Trump demonstrates a completely different attitude towards Russia, including a conversation with the head of the Russian Federation Vladimir Putin, the meeting of the Russian and American delegations in Riyadh, as well as the exchange of positive signals have a tremendous impact on the market.

"It is connected, if not with the lifting, then with the easing of sanctions, which, of course, raises investors' optimism. With the easing of sanctions restrictions, the Russian economy will be more stable and, accordingly, the ruble will be stronger," the expert said in an interview with Lenta.Ru .

Grigoriev noted that with the easing of sanctions restrictions, currency access to Russia will be facilitated. If its supply increases, demand will begin to decrease, and the exchange rate ratio will level out, he added.

"If the restored Russian-American dialogue continues in approximately the same vein, then most likely the ruble will strengthen further, possibly to 82-83 rubles per dollar, maybe even more. I would call the interval 80-83," Grigoriev predicted.

At the same time, he noted that if difficulties, friction, and problems arise again, then the strengthening will stop.

In turn, financial analyst Mikhail Belyaev said that the current strengthening of the ruble against the dollar is due to speculative factors, and in the near future the Russian currency may weaken significantly. href="https://360.ru/news/dengi/finansovyj-analitik-beljaev-v-blizhajshee-vremja-rubl-mozhet-znachitelno-podeshevet/ " target="_blank">360.ru .

Earlier in the day, the head of the Bank of Russia, Elvira Nabiullina, said that fluctuations in the ruble exchange rate were caused by external factors and were temporary."https://russian.rt.com/business/news/1441111-nabiullina-kolebaniya-rubl " target="_blank">RT.

The day before, the press service of the Central Bank of Russia reported that the geopolitical situation is one of the reasons for the strengthening of the ruble exchange rate.

Digital Broker analyst Ivan Efanov, in an interview with Izvestia on February 25, said that in addition to geopolitics, the strengthening of the ruble was influenced by net sales growthfrom exporters and a high key rate. In turn, Mikhail Zeltser, an expert on the stock market at BCS World Investments, clarified that at the beginning of 2025 there were too many speculative bets against the ruble on the market, which eventually burned down, which increased the collapse in foreign exchange rates.