The ruble exchange rate stabilized in July after the introduction of sanctions against the Moscow Exchange and will remain in the range of 86-89 rubles per dollar until autumn.
The difference between buying and selling prices also gradually leveled out.
Alina Poptsova, an analyst at Alfa Capital Management Company, told Rossiyskaya Gazeta about the prospects of the ruble.
The ruble, according to her, is facing factors of a multifaceted nature.
The financier believes that the rate will remain in the same range in the coming month.
An increase in the key rate will support the ruble, making deposits attractive.
The ruble is also affected by restrictions on capital movements.
The government has relaxed requirements for exporters to sell foreign currency earnings. These steps are aimed at weakening the ruble, which has strengthened too much.
Such steps are related to the fact that a significant strengthening of the ruble does not correspond to the country's budgetary demands.
In addition, the ruble will receive less support due to the reduction in daily sales of currency by the Central Bank of the Russian Federation.
In the long term, the ruble will be subject to weakening, so until autumn there is an opportunity to purchase currency without the risk of devaluation.
Author: Elena Gutyro
