Experts predicted the ruble exchange rate for April

The dollar is expected to weaken against the ruble in April 2025. The reasons are mainly related to geopolitical and economic factors. This opinion was shared by Alexey Lossan, an expert at Compare, and Fyodor Sidorov, a private investor and founder of the School of Practical Investment, in an interview with Izvestia on April 1.

"One of the reasons for the weakening of the ruble is the stabilization of the situation in the oil and gas markets, where prices for these resources have increased somewhat, which supports the Russian economy and, consequently, the ruble. In addition, the ruble exchange rate is also affected by measures taken by the Central Bank of Russia," Lossan explained.

According to him, the dollar exchange rate may fall below 80 rubles, but such a decline may not last long, as the exchange rate fluctuates depending on the agenda and decisions of the Bank of Russia.

"In April 2025, the ruble exchange rate is expected to weaken moderately against major world currencies. The dollar exchange rate will range from 78 to 90 rubles, the euro from 86 to 97 rubles, and the yuan from 10.7 to 12.4 rubles," Sidorov said.

According to the expert, the factors influencing these forecasts include a seasonal increase in demand for foreign currency for the purchase of imports and foreign trips, as well as a possible easing of the monetary policy of the Bank of Russia in the second quarter.

In addition, Brent crude oil prices, which are holding above the psychological level of $70 per barrel, continue to support the ruble.

"Over the past three years, the top three in terms of Russian interests have included currencies such as the dollar, euro and yuan. However, in January – March 2025, we record a noticeable decrease in interest in the yuan: a 32% decrease in dynamics compared to the same period in 2024," Lossan summed up.

Free fall: the dollar weakened its position against world currencies

Analysts warned of business-threatening economic uncertainty

Earlier, on January 30, the first Deputy chairman of the Bank of Russia, Vladimir Chistyukhin, during the presentation of the program, announced the plans of the Central Bank of Russia (CBR) and the Moscow Exchange to launch a new stock market index in July 2025 as part of the company's shareholder value creation program. According to him, the new index will include securities issued by issuers selected according to special criteria: companies will be selected based on individual financial indicators, the quality of corporate governance and the level of information openness.