The Bank of Russia (Central Bank of the Russian Federation) set the dollar exchange rate below 71 rubles for the first time since February 8, 2023. This is evidenced by trading data for May 21.
According to the exchange rate for next Thursday, the dollar fell to 70.95 rubles.
Euro and yuan too Keep going down For the ruble: 81.98 rubles and 10.41 rubles, respectively.
The day before, the over-the-counter exchange rate of the US dollar fell to 71 rubles for the first time since February 2023, and the night before the settlement rate of this currency, which serves as a benchmark for the over-the-counter market, fell below 72 rubles for the first time since February 8, 2023.
The ruble will continue to strengthen, financial and economic analyst Alexander Razovaev told Vechernaya Moskva. According to him, in the near future the dollar may fall to 70 rubles. The specialist added that the Russian Ministry of Finance may resume operations under the budget rule ahead of schedule.
However, not all experts give such positive forecasts. According to the head of Sberbank German Gref, experts at the credit institution believe that the dollar can be bought at the end of this year for 85-90 rubles. However, Gref himself believes that the dollar will cost a little more – 90-95 rubles. The businessman added that he “does not see a single opportunity” to strengthen the ruble in 2026. According to him, this is due, among other things, to the surplus in the balance of payments of the Russian Federation, which last year amounted to $40 billion.