Especially for “the Russian newspaper” Sergey Drozdov, an analyst CC “FINAM”, said that even prevent the ruble strengthened and gave a forecast to the end of the year.
– in Addition to the not quite favorable external environment negative impact on the ruble has intensified the volatility of oil prices, said the expert.
So, despite the fact that on Wednesday amid positive data from the US Department of energy, under which oil reserves in the country over the past week decreased by 10.6 million barrels, the quotes of Brent crude rose to around $44, Thursday in the backdrop of the outcome of the U.S. Federal reserve meeting and the concerns about record growth of infections Covid-19, the price of “black gold” was again under pressure.
in addition, due to the planned reduction of key interest rates by the Bank of Russia has decreased significantly support the ruble on the part of the debt market.
the fall of the domestic OFZ yields have led to a sharp decline in demand for the tool from both Russian and foreign players.
At this stage, the pass mark 73,80 rubles per dollar creates risks of further weakening of the ruble to levels 74,50-75.
However, even with this scenario unless absolutely necessary to buy at current prices of foreign currency is not necessary. After traditionally weak August until the end of 2020, the ruble will recover some previously lost positions.
