Experts predict that the ruble may weaken by the end of 2024.
This is due to the shortage of foreign currency and several economic factors.
Leading analyst at the company "Tsifra Broker" Natalia Pyryeva explained to RBC that overcoming the mark of 100 rubles per dollar is a natural process.
The main reason is the shortage of foreign currency due to delays in the receipt of money from exports.
The situation with foreign trade also plays an important role. The share of foreign currencies in imports is growing, and difficulties with payment increase demand for the dollar and make it more expensive.
Experts recalled that on November 16-17, the dollar exchange rate set by the Bank of Russia was 99.9971 rubles. However, dollar futures on November 15 showed a rate of 100.11 rubles.
In addition, the exchange rate is affected by high interest rates and the trade balance.
Dmitry Dudchenko, senior macroeconomic analyst at Finam, believes that raising the key rate will support the ruble. However, worsening liquidity in the yuan could weaken it.
Even with normal oil prices, sanctions and other risks could also prevent currency from entering the market, which would negatively impact the ruble.
In addition, the factor weighing on the ruble until the end of the year is the growth of domestic demand and the increase in the cost of imports.
For reference
Depreciation is the devaluation of a currency, deterioration of the condition of assets.
