The Ministry of Economy expects the dollar exchange rate to be 90-92 rubles. in 2024-2026 – Kommersant
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Russian Minister of Economy Maxim Reshetnikov said that the ministry still expects that in 2024-2026 a “new equilibrium” will emerge in the foreign exchange market at the level of 90-92 rubles. for a dollar.
“Taking into account the growth of the trade balance by the end of this year, as well as the measures taken, we expect further stabilization of the ruble exchange rate. In 2024-2026, taking into account the change in the structure of payments and the level of capital outflow, we estimate the new equilibrium at the level of 90-92 rubles/$,” Mr. Reshetnikov said at a meeting of the Committee on Budget and Taxes in the State Duma (quote from “Interfax”).
The minister said that in 2023 the trade balance will amount to $145 billion. According to him, the trade balance will continue to increase in the future due to the rapid growth of exports with a more restrained growth of imports.
On September 22, Mr. Reshetnikov said that the dollar exchange rate by the end of 2023 would be 94 rubles. According to the basic scenario of the Ministry of Economy, the average dollar exchange rate in 2023 will be 85.2 rubles, in 2024 – 90.1 rubles, in 2025 – 91.1 rubles, in 2026 – 92.3 rubles.
Today, October 16, as of 12:53 Moscow time, the dollar exchange rate on the Moscow Exchange is 97.38 rubles, the euro – 102.65 rubles, the yuan – 13.3 rubles.
Current dollar and euro rates, as well as quotes for the main indices and shares on the Moscow Exchange are available on a special page.
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