The economist predicted the growth of the dollar to a hundred rubles

Photo: © Izvestia/Dmitry Korotaev

Some factors may weaken the ruble to a mark of one hundred rubles per dollar. The corresponding statement was made by the head of the department of global research “Opening Investments” Mikhail Shulgin.

According to him, this scenario is possible due to the global recession, falling demand for oil and gas, and new sanctions against Russia. Or because of a sharp reduction in the trade surplus or a geopolitical crisis, Prime reports.

He noted that the Russian Ministry of Finance is ready to resume interventions in the foreign exchange market.

Shulgin suggested that they could reach up to $3.5 billion a month, which would lead to a depreciation of the ruble.

The specialist believes that the new package of sanctions against Russia should be effective in order for the ruble to fall sharply.

Earlier it was reported that the Chinese yuan is a key alternative to the dollar and the euro. This was stated by the Deputy Minister of Finance of the Russian Federation Alexei Moiseev.

According to him, now everyone is primarily looking at the yuan, which has a stable exchange rate.

Source: Ren.tv

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