The Ministry of Economy predicted the strengthening of the ruble by June 2024 – Kommersant
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The Ministry of Economy expects the ruble to strengthen in the fourth quarter of 2023 and in the first half of 2024, as follows from the forecast of Russia’s socio-economic development for 2024–2026. I have read the document materials Interfax. According to the ministerial forecast, the ruble will reach its peak of strengthening in June 2024, but then the dynamics will return to weakening again.
The department predicts that in December of this year the exchange rate will be 94.3 rubles. for a dollar and 105 rubles. per euro, and in June next – 87.5 rubles. per dollar and 97.5 rubles. per euro. Interfax notes that below the level of 100 rubles. The euro will only last for five months (from May to September 2024).
By December 2024, the exchange rate will be 91.7 rubles. per dollar and 102.3 rubles. per euro.
Today, September 26, course made up 96.2 rub. per dollar and 102.3 rubles. per euro. September 22 “Kommersant” wrotethat by the end of the week from September 25 to 29, experts predict trading for the dollar/ruble pair in the range of 95–97 rubles/$. According to their estimates, the strengthening of the Russian currency is realized against the backdrop of sales of foreign currency earnings by exporters in preparation for the tax period.
What mechanisms for strengthening the national currency does the Ministry of Economy offer? “Exit into open osmosis”.
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