The expert predicted the ruble exchange rate this week
The Russian currency ends the summer trading session with low activity within the established August corridor of 78.80–81 rubles per dollar, 91.20–95 rubles per euro and 11-11.35 rubles per yuan. Spartak Sobolev, head of Alfa-Forex's Research and Investment Strategies department, told Izvestia on August 25.
On August 25, the Central Bank of the Russian Federation set the exchange rate of the American currency at 80.7 rubles, the European currency at 93.6 rubles, and the Chinese currency at 11.1 rubles. At the same time, according to the Moscow Exchange, the yuan is trading at 11.26 rubles.
"The market remains exposed to the influence of geopolitical news, where the delay in the negotiation process exerts little pressure on the ruble. Demand for foreign currency remains low during the tax period, which supports the market along with the recovery in oil prices (a barrel of Urals is steadily trading near $ 65)," Sobolev summed up.
Lazar Badalov, an associate professor at the RUDN University Faculty of Economics, said on the same day that the Central Bank of the Russian Federation's planned reduction in the key rate does not mean a devaluation of the ruble. However, the slowdown in inflation sends a clear signal to the economy.
All important news is on the Izvestia channel in the MAX messenger.
Переведено сервисом «Яндекс Переводчик»
