The “chatter” continues.
Before leaving for the New Year holidays, which are much shortened for the Moscow Exchange relative to the whole country, the ruble pleased with the strengthening, giving hope that the period of weakening against the backdrop of the oil embargo and the introduction of a “ceiling” on oil prices has ended. But that was not the case: today, following the results of the resumed trading on the Moscow Exchange, the ruble “dipped” against the dollar and the euro.
If on December 30 the dollar exchange rate was 69.9 rubles for one evergreen president, today by the end of trading it has grown to 71.13 rubles. With the euro, the situation is slightly less dramatic: the growth amounted to 50 kopecks – from 74.3 rubles on December 30 to 74.8 rubles at the end of January 3.
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Meanwhile, experts continue to argue on the topic of what should be a fair exchange rate of the ruble against Western currencies. In fact, in the future, if the countries of the BRICS group, which is striving to expand, are able to implement a plan to create their own reserve currency, then this issue will instantly leave the agenda.