Analysts believe that the Russian currency has a chance to survive

19.04.2021

“Second wind” or strengthening of the ruble will appear only after adaptation to real and imaginary sanctions threats. Expert Zeltser told about this.

According to him, the ruble is influenced by both global trends in the foreign exchange market and geopolitics, and the main vector of movement depends on the latter, despite the relatively good general economic situation. “Oil prices are above $66 per barrel, gas quotes are storming multi-year maximums, a rally in metals has been noted, and business and consumer activity in the country is recovering,” the economist said.

Zeltser noted that now it is difficult to make any forecasts because of uncertain situation in the economy and international politics, however, “with a calm external background, a strong ruble can be observed this autumn.”