The expert predicted the range of the dollar exchange rate this week
This week, fluctuations in the dollar's exchange rates are expected in the range of 76-81 rubles, the euro — 89-94 rubles, and the yuan — 11.10–11.80 rubles. Spartak Sobolev, head of the Alfa-Forex Investment Strategy Research Department, told Izvestia about this on March 10.
On March 7, the Central Bank of the Russian Federation set the exchange rate of the American currency at 79.1 rubles, the European currency at 91.8 rubles, and the Chinese currency at 11.4 rubles. At the same time, according to the Moscow Stock Exchange, on March 10, the yuan is trading at 11.4 rubles.
"The factors of pressure on the national currency are the refusal of the monetary authorities to sell part of the gold reserves and the intention to tighten the budget rule, as well as expectations of a reduction in the Central Bank's key rate on March 20. It is clarified that the foreign exchange market is balancing against the background of high energy prices in the context of ongoing geopolitical tensions in the Persian Gulf," the expert concluded.
On February 28, Kaplan Panes, deputy chairman of the State Duma Committee on Budget and Taxes, said that analysts' expectations for the dollar exchange rate might not be justified, and then the value of the US currency could rise to the range of 80-83 rubles. In February, the ruble was supported by sales of foreign currency and gold by the Ministry of Finance under the budget rule, which, taking into account adjustments by the Central Bank of Russia, amounts to 16.5 billion rubles per day until March 5. The key rate has been at 15.5% since February 13, which keeps demand for ruble-denominated instruments.
All important news is on the Izvestia channel in the MAX messenger.
Переведено сервисом «Яндекс Переводчик»