Candidate of Economic Sciences, financial expert Vladimir Grigoriev spoke about the reasons for the instability of the ruble.
He commented on what could influence the ruble exchange rate in the near future.
Grigoriev said in an interview with Lenta.ru that with the increase in imports at the end of the year, the demand for currency is growing.
At the same time, foreign exchange earnings are falling, which further weakens the ruble.
In addition, some Russians prefer to keep their savings in dollars or euros, which also increases the demand for foreign currency.
Grigoriev believes that the ruble may continue to weaken to 103-105 rubles per dollar.
However, the psychological mark of 100 rubles, as the expert noted, is important for the market.
The government will take the necessary measures in the near future to help the ruble not weaken further.
For reference
Exchange rate is the price of the monetary unit of one country expressed in the monetary unit of another country.
