The expert spoke about the movements of the ruble exchange rate this week

After a volatile last week, the dollar, euro and yuan expanded the lower limits of the autumn corridor to the levels of 78, 90, 10.90 rubles, respectively. Spartak Sobolev, head of the Alfa-Forex Investment Strategy Research department, told Izvestia on October 20.

On October 20, the Central Bank of the Russian Federation set the exchange rate of the American currency at 80.9 rubles, the European currency at 92 rubles, and the Chinese currency at 11.3 rubles. At the same time, according to the Moscow Exchange, on October 20, the yuan is trading at 11.3 rubles.

"By the end of this week, we expect fluctuations in the main exchange rates within the established autumn limits with an upper limit of 83.70 rubles per dollar, 98 rubles per euro and 11.70 rubles per yuan," Sobolev said.

To spite everyone: why the ruble continues to strengthen

The difficult economic situation is not a hindrance

Andrey Syrchin, CEO and founder of Cresco Capital, told Izvestia on October 14 that gold is currently one of the most sought-after assets on the market. It does not generate profits, it is expensive to store and extract, but at the same time, its value has almost doubled over the past year.

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