Experts predicted the dollar in October

In July, the Russians bought foreign currency for a record amount of 237.1 billion rubles. This will undoubtedly have an impact on the ruble exchange rate, said Yegor Zhilnikov, chief analyst at PSB.

However, the most important factors influencing the domestic currency are the “gas war” with the West, sanctions and geopolitics. About it RBC Andrey Maslov, an analyst at FG Finam, said.

At the end of the year, commodity prices are expected to decline, the global economy will show a slowdown, and the Fed may tighten monetary policy. According to PSB chief analyst Denis Popov, in October the dollar will cost 62-64 rubles, in December – 65-69.

Nikita Losikhin, head of the department of investment consulting for ultra-wealthy clients of Veles Capital investment company, allowed the ruble to strengthen against the backdrop of an increase in the balance of payments surplus. In October, he expects the dollar at 60-65 rubles, at the end of the year – 70-75.

The deterioration of Russia’s macroeconomic indicators will not have a big impact on the ruble exchange rate, Alexander Potavin, an analyst at FG Finam, admitted. The domestic ruble market is closed to external investors, so by the end of the year he predicted the dollar exchange rate within 65-70.

Vitaly Isakov, investment director at Otkritie Management Company, predicted the value of the dollar and the euro in the autumn and before the end of the year in the range of 60-70 rubles against the backdrop of the ratio of imports and exports.

Natalia Milchakova, a leading analyst at Freedom Finance Global, estimated the October exchange rate of the dollar at 59-66 rubles. Inflation and the decision of the Central Bank on the key interest rate will have an effect. It will be accepted on October 28.

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