Will the dollar rise in price in 2025? Should you buy now before the exchange rate rises?

24.12.2024 22:06

In 2025, the dollar to Russian ruble exchange rate will continue to grow smoothly.

This forecast was voiced by Vadim Kovrigin, associate professor at the Plekhanov Russian University of Economics.

The expert's opinion is provided by Bankiros.ru .

What will happen to the dollar in 2025

As the economist explained, the American currency will continue to strengthen smoothly in 2025.

Among the reasons, Kovrigin identified a reduction in exports, high volumes of parallel imports, geopolitical instability and significant inflation.

dollars
Photo: © Belnovosti

The expert recalled that the draft budget of the Russian Federation for next year includes an exchange rate of 96-97 rubles per dollar.

However, it seems that its further gradual decline will be allowed, Kovrigin predicted.

Answering the question of whether to buy dollars, the economist noted that they should not form the basis of a portfolio.

Spreads on the American currency in banks and exchange offices remain extremely high, the expert stated.

He also noted that it is impossible to withdraw dollars purchased in non-cash form due to restrictions imposed by the Central Bank of the Russian Federation.

To protect savings from devaluation, Kovrigin advised investing in replacement bonds of Russian companies.

You can also invest in mutual funds that invest in such bonds.

Author: Timur Khomichev Internet resource editor