The expert predicted the ruble to the end of the year
The dollar could soon return to the mark of 60 rubles, because the difference between inflation in Russia and in the United States is declining, and the budget policy to protect the domestic currency from the impact of severe fluctuations in oil prices, said in an interview with RIA Novosti President of the Russian division of the international Association of professionals foreign exchange and money markets ACI Russia Sergey Romanchuk.
At the same time, the expert noted that although during the year it is possible to see the rate of 60 to 63 rubles per dollar, but he can't say that this is the most likely option.
According to Romanchuk, earlier in Russia was a pattern that every crisis took on a new higher stage the pair dollar-ruble rate and from there never returned. "Now we see insignificant fluctuations in terms of foreign exchange reserves for the Bank of Russia, if with them to compare. And course safely kept (during a pandemic – ed.) was not systematically getting rid of the ruble. I think it can really be a Foundation for strengthening domestic currency," he said.
With regard to the dynamics of the course until the end of the year, according to the expert, the dollar-ruble is likely to be in the range of 65 to 75 rubles per dollar.
"But of fundamental importance for the stability of the ruble, it has not. It is important that the exchange rate was left floating and there was no trend of sustainable weakening of the ruble... While the main volatile component, which influenced the course early, to 2016 – the fluctuations of the oil – removed due to budget rule", he added.