The expert predicted the movement of the ruble exchange rate by the end of the week

In the remaining trading days of the week, we do not expect significant changes in the dynamics of currency fluctuations. The market today is balanced within the main autumn limits of 78-85 rubles per dollar, 90-98 rubles per euro and 11-11.70 rubles per yuan. Spartak Sobolev, head of the Alfa-Forex Investment Strategy Research department, told Izvestia on November 5.

On November 5, the Central Bank of the Russian Federation set the exchange rate of the American currency at 81.1 rubles, the European currency at 93.5 rubles, and the Chinese currency at 11.3 rubles. At the same time, according to the Moscow Stock Exchange, on November 5, the yuan is also trading at 11.3 rubles.

"Since the beginning of November, the Russian currency has been weakened locally by geopolitical factors, a slowdown in economic growth and a deterioration in business activity in the manufacturing sector of the country's economy. Demand for it is supported by the high rate of the Bank of Russia and the slow recovery of imports," Sobolev explained.

A sensitive drop: the ruble is weakening against the yuan

Experts predict the formation of exchange rate corridors against the American and Chinese currencies

Earlier, on October 29, the head of the Central Bank of Russia, Elvira Nabiullina, said that the weakening of the ruble against the dollar is a pro-inflationary factor. She noted that a stable and strong ruble is possible only with a stable and strong economy.

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