Russians advised to stock up on currency in advance for New Year's trips abroad

30.10.2024 20:01

Russians who are planning to spend the New Year holidays abroad were given advice.

The expert recommends taking care of purchasing currency in advance.

Economist Alexander Abramov shared a comment on this in a conversation with the portal “ Abzats ”.

Some Russians will celebrate the New Year by vacationing at foreign resorts.

In order not to spoil your festive mood, the expert advises to resolve the “currency” issue in advance.

Dollars
Photo: © TUT NEWS

He explained that the dollar exchange rate could rise by December. Of course, the ruble is unlikely to collapse, but the difference could be significant.

Inflation expectations are still high, so there are no grounds for strengthening the national currency today, the expert emphasized.

Therefore, Russians planning to travel abroad in December are already buying dollars.

At the same time, it is expected that the Central Bank may raise the key rate at the end of December. Today, it is already 21%.

Analysts believe the regulator may raise it to 23% at its next meeting.

Dmitry Bobrov Author: Dmitry Bobrov Editor of Internet resources