A lot of factors came together. On the one hand, people wanted to get rid of foreign currency; on the other, there was lower demand for it from importers; and on yet another, there was a desire to bet on the decline of the dollar. And this is the result we got. But I think we’ll see a reversal in April — most likely that’s what will happen. We’ll see.
In April, the ruble is expected to weaken against the dollar.
Expected
April 30, 2025
#Ruble
#Dollar
#Economy of Russia
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