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Financier Protsenko: the dollar in March will depend on geopolitics and oil

The Russian ruble has factors for strengthening, and there is in favor of weakening. Both a movement to 80 rubles per dollar and a return to the level of 100 rubles are likely.

Financier Protsenko: the dollar in March will depend on geopolitics and oil
01.03.2025
Lesezeit: 1 min
25 mal angesehen
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📝 Summary

The Russian ruble has factors for strengthening, and there is in favor of weakening. Both a movement to 80 rubles per dollar and a return to the level of 100 rubles are likely.

This was told to the Agency “Prime” General Director of “Alfa-Forex” Guzel Protsenko. She added that the dollar exchange rate in the first month of spring is expected to average 83-93 rubles. “First of all, the ruble in March will depend on geopolitics amid warming diplomatic relations between Russia and the United States,” Protsenko told reporters. The price of the ruble may be negatively affected by the increase in oil production by OPEC+ countries, which means a decrease in the cost to $ 70-75 per barrel of fuel. But the Russian currency will be favorably affected by the expected preservation of the CBR key rate at 21%, the expert noted. Earlier, the head of the Bank of Russia Elvira Nabiullina said that fluctuations in the ruble exchange rate are a temporary phenomenon caused by external factors. Bloomberg recognized the ruble as the best national currency in the world market.

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