Sergey Drobyshevsky on how much the US dollar will cost by the beginning of summer

RIA Novosti has published a forecast by Sergey Drobyshevsky, Principal Researcher at the Gaidar Institute, regarding the expected ruble/dollar exchange rate by early summer.

Over the past few weeks, the US dollar’s exchange rate against the ruble has depreciated considerably: the dollar has lost about Rb14 since February 10. According to the data of the RF Central Bank, on Friday its official exchange rate was equal to about Rb84 per $1.

«With the easing of geopolitical tensions, the dollar exchange rate may keep appreciating at about Rb80 per $1. However, should there be any interruption or termination of the negotiations between Russia and the United States the exchange rate may return to Rb90-Rb100 per $1," Sergey Drobyshevsky said.

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Saturday, 29.03.2025