The dollar exchange rate fell below 92 rubles for the first time since August 1, 2023

Photo: © Izvestia/Dmitry Korotaev

Photo: © Izvestia/Dmitry Korotaev

The dollar exchange rate did not fall below 92 rubles. This is evidenced by the data Moscow Exchange.

At 11:31 Moscow time, the value of the dollar was 91.65 rubles. This currency is trading below the 92 ruble mark for the first time since August 1, 2023.

The advantage remains on the side of the ruble. The national currency may continue to move towards fundamentally justified levels – 90 rubles per US dollar“, – stated expert “BCS World of Investments” Mikhail Zeltser.

The specialist did not rule out that, against the backdrop of high volatility, the dollar exchange rate could reach this level in just one day.

Earlier, Maxim Chirkov, associate professor of the Department of Economic Policy and Economic Measurements at the Institute of Economics and Finance of the State University, predicted a drop in the dollar exchange rate to 80 rubles. According to him, this will happen in the next few months.

Source: Ren

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