The financier allowed the dollar to rise to 75 rubles by the beginning of summer

Until the beginning of summer, the dollar is likely to maintain a moderate strengthening against the ruble, and by June 1, the exchange rate, according to analysts, will be in the range of 71-75 rubles. The euro will continue to move in a wide range of 81-84.95 rubles, while the boundaries of the range will remain the main benchmarks for the market. The yuan is expected to trade in the range of 10.25–10.77 rubles. 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 25.

On May 23, the Central Bank of Russia set the exchange rate of the American currency at 71.2 rubles, the European currency at 82.5 rubles, and the Chinese currency at 10.4 rubles. At the same time, according to the Moscow Stock Exchange, on May 25, the yuan is trading at 10.5 rubles.

"Trading on Monday is under pressure on the ruble, the main factor of which remains the dynamics of the oil market. Brent crude oil opened the week near $95 per barrel, continuing the decline seen for several consecutive sessions. Against this background, on Friday, the dollar closed at 71.90 rubles, the euro at 83.43 rubles, and the yuan at 10.55 rubles," the expert explained.

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He clarified that the reason for the weakening of oil was expectations of a possible agreement between the United States and Iran. The market is pricing in a scenario of a temporary truce and the opening of the Strait of Hormuz, through which about 20% of the world's oil supplies pass. The potential return of Iranian oil to the market is seen by investors as a strong negative factor for oil prices.

According to the financier, the dollar is forming a corrective upward movement in the foreign exchange market. With oil declining, the probability of the US currency rising to around 73 rubles remains high. Analysts call 72.40 rubles the key level: its breakdown may be a signal to increase pressure on the Russian currency. At the same time, the specialist drew attention to the peculiarities of the current market — the dollar/ruble pair remains virtually over-the-counter, with low liquidity and wide spreads, while the yuan/ruble is the main benchmark for bidders.

According to Loboda's forecast, by June 1, the dollar will trade in the range of 71-75 rubles, the euro — in the range of 81-84.95 rubles, the yuan — 10.25–10.77 rubles. Additional support for the ruble this week may be provided by the tax period on May 28, when exporters traditionally increase sales of foreign currency earnings. However, the impact of this factor may be limited by the continued decline in oil prices and the uncertainty surrounding the negotiations between the United States and Iran.

Financial expert Elena Drozdova said on May 22 that the current ruble exchange rate creates favorable conditions for buying dollars, but it is worth buying currency only for specific purposes, and not "just in case." She also recommended following a balanced approach when making savings. According to her, the classical strategy of allocating available funds remains optimal — half should be stored in rubles, and the second part should be converted into foreign currency assets.