The base rate of one currency in relation to another is determined by such deep economic factors as growth rates, the overall efficiency of countries' economies, etc., said Candidate of Economic Sciences, financial analystMikhail Belyaev. In a conversation with Lenta.ru, he also described the future of the course.

“Today, the trend values, unfortunately, remain such that we see a creeping depreciation of the ruble against the dollar. We reached 93 [rubles] steadily. Until the end of the month, apparently, 93 will remain with some excess, and during May we will reach a stable 94. And this does not depend on the price of oil, or on any tax periods, or on the purchase and sale of currency, which the so-called experts like to appeal to,” the economist shared his forecast.

Earlier further decline in the rublepredictedand another analyst, stock expert market "BCS World of Investments"Dmitry Babin. According to a specialist, in May they will give 95 rubles for a dollar and 101 rubles for a euro.

In general, expertsexpect that the exchange rate of the American currency to the Russian currency in the second half 2024 will most likely be in the region of 95-100 rubles.

Source: Lenta.ru