Expert made a forecast for the dollar exchange rate for November: negative and positive forecasts
Under a positive scenario, the dollar to Russian ruble exchange rate in November will be in the range of 91-93 rubles.
This forecast was voiced by Doctor of Economic Sciences Alexey Grishchenko.
The economist's opinion is cited by the publication "Free Press" .
What will happen to the dollar exchange rate in November?
As Grishchenko explained, the OFAC license for working with the Moscow Exchange was valid until October 12, which, coupled with low sales of foreign currency by exporters, put pressure on the ruble.
In a negative scenario, the ruble will remain in the range of 96-98 rubles per dollar, the economist said.
In a positive scenario, Grishchenko continued, the exchange rate of the American currency will stabilize at a level of about 91-93 rubles.
The economist specified that a positive scenario involves high oil prices and an increase in sales of gold and Chinese yuan by the Russian Ministry of Finance.
