2023-08-07 09:29:00
The dollar exchange rate will not be able to reach the psychological mark of 100 rubles, it will gradually fall to 70. Maxim Chirkov, Associate Professor of the Department of Political Economy of the Faculty of Economics of the RUDN University, Associate Professor of the Department of Economic Policy and Economic Measurements of the Institute of Economics and Finance of the State University of Management, told URA.RU.
“The ruble is now quite strongly oversold. Fundamentally, it cannot reach 100 rubles per dollar. However, due to speculators, there can be any short-term movements. In the medium and long term, the dollar will stabilize and strengthen. In Russia, August is traditionally a nervous month. Speculators are trying to play. I believe that the Russian ruble will not reach 100 per dollar. We will set positions sequentially. First, there will be a recovery up to 90, then up to 80 and up to 70 rubles, of course, ”said Maxim Chirkov.
According to him, the Western economy is experiencing serious difficulties and will not be able to stay afloat for a long time. “The budget crisis, the crisis of government spending, an incredible amount of money to service the public debt. As you can see, the problems are not only in Europe, but also in the United States. Other options than the devaluation of Western currencies, in the case of maintaining sanctions, the Western countries simply do not have. There will be irreversible changes, then it will become obvious to everyone that this scenario is inevitable. The exact timing is very difficult to predict. It might be even tomorrow, maybe in a month, maybe in six months or even a year. This is a very foreseeable prospect,” the economist added.
dollar exchange rate reached 96.2 rubles. According to Alexander Safonov, a professor at the Financial University under the Government of the Russian Federation, the dollar went up due to its decline. income to the economy countries.
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