The Ministry of Economy predicts the ruble exchange rate at the level of 70 rubles. per dollar in 2023
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The ruble exchange rate in 2023 will average 70 rubles / $, predicts the first deputy head of the Ministry of Economy Ilya Torosov. According to him, this level is the balance for the economy. The course is 60 rubles. “categorically does not suit exporters”, as their business becomes unprofitable, and the budget suffers from a strong ruble.
“A wider range on average for the year is 68–72 rubles,” Mr. Torosov said. “Izvestia”. According to him, the weakening of the national currency is played by the restoration of imports, including through parallel imports. “In addition, oil and gas revenues have objectively decreased, that is, the influx of dollars into the economy has become less,” he added.
The Ministry of Economy expects inflation to fall below the target level of 4% in the second quarter of 2023. At the end of the year, prices may rise by 5-6%.
About why the ruble exchange rate could weaken at the end of 2022 – in Dmitry Butrin’s column “Wandering Trillion”.
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