Analysts spoke about the risks of a sharp change in the ruble exchange rate

The strengthening or weakening of the national currency can lead to negative consequences, Alexey Lossan, an expert at the Compare company, and Alexander Krivosheev, CEO of the PRIX Club, told Izvestia on June 20.

Earlier in the day, the head of Sberbank, German Gref, said that the equilibrium exchange rate is more than 100 rubles per dollar.

According to Lossan, the dollar exchange rate in the range of 85-90 rubles is the most stable for the economy. The expert noted that a stable ruble increases confidence in the economy, lowers import prices and makes the business environment more predictable.

In addition, Krivosheev stressed that the low dollar exchange rate is beneficial to the population and businesses, as it supports ruble savings and restrains price growth.

"Under the current macroeconomic conditions, this is a reflection of reality. The artificial strengthening of the ruble provides short—term advantages, for example, budget replenishment, but in the long term, a systematic approach is needed," he concluded.

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Olga Veretennikova, vice president of the Borsell analytical company, told Izvestia on June 18 that despite seasonal factors, the ruble continues to strengthen, but a trend reversal is possible by the end of summer.