The head of Sberbank told what will happen to the Russian ruble in a year.
German Gref shared his forecast as part of the bank’s Investor Day.
According to his assessment, there will be no “surprises” with the weakening of the national currency in the near future, TASS reports.
Earlier, Gref said that the equilibrium exchange rate of the ruble is in the region of 90–95 rubles per $1.
Today, taking inflation into account, this figure should be within the range of 100–105 rubles, the bank’s director stated.
Based on the available data and forecasting the exchange rate at the end of 2025, we expect 112–115 rubles per dollar.
Gref noted that sometimes situations occur on the currency market that can frighten people.
As an example, he cited recent events, when the ruble sharply fell to 109 rubles per $1.
However, the expert assured that such a situation will not repeat itself in the foreseeable future.
On December 6, the Central Bank set the exchange rate at 103.4 rubles.
