The expert predicted the movement of the ruble exchange rate this week

This week, we expect the ruble to continue fluctuating in the range of 74.50-79.50 per dollar, 88-93 per euro and 10.70-11.40 per yuan. The overall position of the national currency remains strong under the influence of monetary factors. Spartak Sobolev, head of the Alfa-Forex Investment Strategy Research Department, told Izvestia on February 2.

On February 2, the Central Bank of the Russian Federation set the exchange rate of the American currency at 75.7 rubles, the European currency at 90.4 rubles, and the Chinese currency at 10.8 rubles. At the same time, according to the Moscow Stock Exchange, on February 2, the yuan is also trading at 11 rubles.

"The recovery of the US dollar in the global foreign exchange market has so far held it back from further strengthening. The market will monitor geopolitics and prepare for the Central Bank's February rate meeting," Sobolev concluded.

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