Russian experts are convinced that the current ruble exchange rate is true.
Last Friday, the Central Bank lifted a number of restrictions in the foreign exchange market, and now Russian experts predict the fall of the ruble to a more economically justified level. Dmytro Babin, an expert on the BCS World of Investment stock market, is convinced of this, according to Russian media.
But due to the Central Bank's restrictions, many large players disappeared from the foreign exchange market, which led to a strong market imbalance, which also provoked the active strengthening of the ruble.
” geopolitical and economic uncertainty, as well as strong sanctions pressure, more realistic exchange rate value, comfortable in terms of state budget revenues and exporters, is likely to be in the region of 90-100 rubles per dollar “, – said the expert.
Read also: Russia's attempts to support the ruble will deplete its military resources – US Treasury
Earlier in the West assessed the strengthening of the ruble and called it “fairy tales” for the people and allies in Asia to avoid settlements in dollars and euros.
The US Treasury Department said that Russia's attempts to support the ruble will deplete its military resources
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We will remind that earlier the chairman of the European Commission Ursula von d er Layen said that payments for Russian gas in rubles will be considered a circumvention of sanctions against Russia.