The financier named the range of the dollar and euro exchange rates for the current week

The most likely range of the dollar exchange rate before Victory Day is 74-77.50 rubles. The euro will trade in the range of 88-90 rubles. At the same time, the yuan exchange rate will remain in the range of 10.80–11.80 rubles this week. Andrey Loboda, a member of the RASO and the expert council of the Association of Forex Dealers on the development of the over-the-counter financial market, told Izvestia on May 4.

On May 1, the Central Bank of the Russian Federation set the exchange rate of the American currency at 74 rubles, the European currency at 88.6 rubles, and the Chinese currency at 10.9 rubles. At the same time, according to the Moscow Stock Exchange, on May 4, the yuan is trading at 11 rubles.

"The ruble continues to be supported by high oil prices, which ensure a stable inflow of export earnings, as well as a relatively tight and effective monetary policy. An additional factor is macroeconomic stability and the well—developed infrastructure of the over-the-counter foreign exchange market, which contributes to the active use of ruble instruments in settlements and investments," the expert emphasized.

According to Loboda, in May, the potential for further strengthening of the ruble is estimated to be limited. The dollar–ruble exchange rate remains in a narrow range of 74.65-76 rubles. At the same time, short-term pressure on the national currency may be exerted by the return of the Ministry of Finance to operations for the purchase of foreign currency within the framework of the budget rule. The exact volumes of these transactions will be published in the coming days.

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On April 27, Loboda announced that by the end of April, the dollar would remain in the range of 74-77 rubles, the euro — 87-92 rubles, and the yuan - 10.70–11.50 rubles. He also noted the impact of the Central Bank's key rate decisions and the need for a balance between reducing inflation and supporting economic growth.