In September, the foreign exchange market will become more active in Russia, and the dollar will rise to the level of 65-70 rubles. The main factor in the growth of the US currency may be the cost of oil.
In world markets, oil prices are falling, there is a downward trajectory to be seen. This may lead to a certain weakening of the ruble, Natalia Orlova, an economist at Alfa-Bank, predicted on Radio Sputnik.
This will be a very moderate decrease, but it will happen abruptly. The market will feel calm and then there will be a sharp jump and the rate will move to a new level, explained the specialist.
In June, the director of the Central Bank, Elvira Nabiullina, warned against attempts to artificially return the ruble to the levels that existed under the old conditions. According to her, this creates the risk of devaluation.
The Bank of Russia will also continue to cut the key rate as inflation falls, but does not intend to do so in any way, Nabiullina noted. According to her, the reduction of the key rate in Russia will take from 2 to 2.5 years.
Author:
karina pardaeva
Source: RB
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