Which, however, has less and less effect on anything.
For eight months, we could observe the rapid strengthening of the ruble against foreign currencies, which was caused both by the adjustment mechanisms introduced by the government, and purely economic reasons, such as the shift in the trade balance towards the preponderance of exports over imports, as well as the introduction of the obligation to pay for gas supplies “unfriendly » countries in rubles. Now, the ruble is slowly losing ground against the backdrop of the implementation of the EU and G7 oil embargo and in anticipation of the ninth package of so-called sanctions.
Today, at auction on the Moscow Exchange, the euro exchange rate, for example, rose to its highest value since May 30 this year, namely, to 67.01 rubles per euro.
It is impossible to predict whether the trend for the weakening of the ruble will continue, but experts believe that no critical weakening will occur before the end of the year: they will ask for 64-65 rubles for the euro, and 62-63 rubles for the dollar.
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Recall that the strongest in recent years, the Russian currency was at the end of June, when the ruble strengthened to 51 per dollar and 54 per euro.