The euro exchange rate at the opening of trading on the Moscow Stock Exchange rose to 90 rubles for the first time since April 14, 2022, the dollar rose above 82 rubles, which became a another maximum in almost a year.
As Kommersant notes, the dollar exchange rate with the expectation “tomorrow” at 7.25 Moscow time increase by 71 kopecks – up to 82.08 rubles, yuan – by 13 kopecks, up to 11.93 rubles, euro – by 63 kopecks, up to 89.78 rubles.
A Vedomosti source close to the government, citing one of the latest versions of macroeconomic forecasts, said earlier that Russian officials expected the ruble to hit 77 rubles by the end of 2023 per dollar. Socio-economic development forecasts are at the stage of “hot discussions” – expected production volumes and the cost of oil have not yet been agreed, another source close to the government told the publication.
Mikhail Vasiliev, chief analyst at Sovcombank, also explained to The Eastern Herald that the main factor behind the weakening of the ruble in recent months was the drop in oil and gas revenues from Russia due to Western sanctions and lows. oil price on the world market.
