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Economist Kuzmin considers the exchange rate of 80-100 rubles per dollar fair

During 2025, the value of the ruble can fluctuate in the range of 80 to 100 per dollar. This forecast was made by the head of the analytical department, senior economist of Renaissance Capital Oleg Kuzmin in an interview with Rossiya 24 TV channel.

Economist Kuzmin considers the exchange rate of 80-100 rubles per dollar fair
27.02.2025
Lesezeit: 1 min
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📝 Summary

During 2025, the value of the ruble can fluctuate in the range of 80 to 100 per dollar. This forecast was made by the head of the analytical department, senior economist of Renaissance Capital Oleg Kuzmin in an interview with Rossiya 24 TV channel.

The economist linked the strengthening of the ruble in recent weeks with the launch of a dialogue between Russia and the United States. According to our estimates, the fair value of the ruble may fluctuate for this year in the range of 80 to 100 rubles per dollar, and all this will largely depend on how the process of restoring political dialogue ends. If we assume in the baseline scenario that reality does not radically change, then the fair value of the ruble is still closer to three-digit values, and our estimate of the fair value of the exchange rate will be slightly weaker than 100, Kuzmin said. According to the expert, the ruble exchange rate during the year will fluctuate amid the possibility of reducing geopolitical tensions and lifting a significant part of sanctions against Russia.

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