News about ruble: events, facts and developments on tafs uz.
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Stock market expert at BCS World of Investments Andrey Smirnov forecasts that next week the dollar will trade in the range of 80–82 rubles, the euro — 89–91 rubles, and the yuan — 12–12.5 rubles. In his assessment, the ruble will remain strong, but currencies may become more expensive by the end of the year.
Aziz KarimovGarda 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.
Javlon TursunovInvestment adviser Yulia Kuznetsova linked the weakening of the dollar and euro against the ruble to high rates, tax-related currency sales by exporters, and expectations of an improvement in the geopolitical situation. She warned that ruble strengthening on news may prove unstable.
Sevara AzamovaExperts assess the probability of a pause at the Bank of Russia meeting on October 23 as high: Pavel Anisimov — around 80%, Kirill Kuchinsky puts the chance of a hike at only 5–10%. The arguments are rising household inflation expectations, more expensive fuel and utility tariffs. The Finance Ministry's currency purchases and the yuan exchange rate are also discussed.
Javlon Tursunov
