Professionals talk about the fall of the Russian currency

18.03.2021

Analysts predicted when the ruble would weaken.

In their opinion, in the second half of 2021, a decrease in the value of the ruble is expected. They explained that the demand for imports and the demand for foreign travel currency will grow. “We expect a mild weakening of the ruble by the end of the year to 77 against the dollar and 90 against the euro,” Vasiliev said. Meanwhile, the growth in demand will be associated with the opening of borders and the recovery of the Russian economy, he said.

The analysts also stressed that the second half of the year for the Russian currency is traditionally weaker. This will be explained by the payment of dividends to foreign investors and an increase in payments on external debt.