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Mikhail Belyaev

Financial analyst, economist (Russia)

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Mikhail Belyaev

Since we saw at the end of last year that the U.S. economy did not fall into crisis, while the Russian economy slightly slowed down in its adaptive and positive trends, the ruble has depreciated a bit against the dollar and is now, at the end of January, around 67-68 rubles. As I do not see any prerequisites for significant changes in either the Russian economy or the U.S. in February, it seems that this is the rate to expect in the coming month. Of course, fluctuations around this figure are possible, and they will be significant, as there is some uncertainty in the external economic situation. But the most important thing is that the Central Bank of Russia is not intervening in the exchange rate formation mechanism and is not smoothing out excessively sharp peaks in fluctuations. As a result, the ruble will fluctuate around the 67-68 rubles per dollar mark, with noticeable variations of about one ruble in either direction. But on average, this is the rate we can expect throughout February.
Did not come true
#Russia #Economy #Economy of Russia #Ruble #Dollar
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