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News about euro: events, facts and developments on tafs uz.

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Investment strategist forecasts dollar falling to 80 rubles by year-end

Garda Capital investment strategist Alexander Bakhtin suggested the dollar could fall to 80 rubles and the euro to 90 rubles before the New Year, provided progress in geopolitics continues and oil prices remain high. In late December, in his view, the ruble may weaken due to pre-holiday demand: the dollar to 83–84, the euro to 93–94 rubles.

2 min read

Banker advised Russians not to delay buying dollars and euros

Deputy Chairwoman of the Management Board of the National Savings Bank Elena Marchuk stated that the current dollar and euro exchange rates represent one of the most favorable windows for buying foreign currency in recent months. She recommended buying currency in stages, splitting the amount into parts, to average the rate and reduce dependence on fluctuations.

2 min read

Euro Hits Lows Against Dollar and Pound Despite ECB Rate Hikes

The euro fell to $1,111 — its lowest level since mid-May 2025 — and to £0.842, a low since early June 2025. Pressure comes from rising energy prices due to the war involving Iran, the French public finance crisis, and a stronger dollar after US inflation hit 3.7%. The ECB has raised rates twice this year, but that has not stopped the decline. Investors await Fed decisions on October 28 and ECB decisions on October 29.

3 min read