The dollar can “fall in price” to 50 rubles only due to a change in the state of the American economy. This statement was made by financial analyst and candidate of economic sciences Mikhail Belyaev.
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NEWS.ru writes that, according to the expert, exchange rates are greatly influenced by the state of the national economy, its growth rate and its efficiency.
“For the ruble to be equivalent to 50 rubles against the dollar, all these indicators have to change a lot in relation to the American economy,” says the specialist.
According to Belyaev, economic concepts cannot change arbitrarily. He expressed doubt that the dollar could reach that level again in the near future.
“It is unlikely that this will ever happen. We do not have a crisis, we are not in a state of crisis, we do not need to wait for a dollar to 50, we do not need it,” Belyaev concluded.
Let us keep in mind that last week the ruble was on a “Chinese roller coaster”. The yuan fell to 10.84 rubles. Then it quickly recovered its lost positions: in total on the Moscow Stock Exchange during these days its price fell by 10 kopecks and now stands at about 12.05 rubles. As for the dollar and the euro, they became cheaper by 1.11 and 0.89 rubles, respectively.
We previously wrote that, according to Anastasia Sorokina, head of the foreign trade department at Blank Bank, reducing the threshold for selling foreign currency profits to 60% will help maintain exchange rates.
Author:
Nikolai Tikhonov
Source: RB
I am a professional journalist and content creator with extensive experience writing for news websites. I currently work as an author at Gadget Onus, where I specialize in covering hot news topics. My written pieces have been published on some of the biggest media outlets around the world, including The Guardian and BBC News.
