With the beginning of autumn, the ruble may significantly weaken. The corresponding statement was made by Bogdan Zvarich, chief analyst of the financial supermarket Banki.ru.
He stressed that while the Russian currency is strengthening due to the preparation of exporters for the peak of tax payments on August 25. And this could provoke a fall of the dollar below 55 rubles, the agency reports.Prime“.
After that, Zvarich is convinced, the ruble will begin to weaken.
The analyst noted that this trend began last month. In the second half of July, the exchange rate failed to reach 10 percent of the June low, and this will happen again in August.
This may indicate that the balance of supply and demand has finally been found. But in autumn, demand may rise, as the flow of imports into the country will increase.
“Supply will also decline – problems in the global economy will have a negative impact on the price environment of commodity markets, which will lead to lower prices in the main product groups“, – says Zvarich.
He believes that by the end of autumn, the dollar may cost around 70 rubles.
Recall that on August 19, the euro exchange rate on the Moscow Exchange fell below 59 rubles for the first time since July 26.
