"This will be the trigger": expert told what will surprise the dollar by the end of the year
The current strengthening of the dollar against the Russian ruble is associated with the reduction of the threshold for mandatory sale of foreign currency earnings by exporters.
This was stated by financial expert Boris Bogoutdinov. In his opinion, new "black swans" may appear in the coming weeks, which will put pressure on the Russian currency.
The expert's statement is cited by Bankiros.ru .
What will surprise the dollar before the end of the year?
As Bogoutdinov explained, one of the “black swans” could be an increase in oil prices to $100 per barrel in the event of weather cataclysms or failures at oil and gas processing plants.
Also, if we see sanctions against the Moscow Exchange coming into force in the near future, this will be the trigger, the expert noted.
Bogoutdinov believes that it is unlikely that the dollar exchange rate will fall below 90 rubles by the end of the year.
According to the expert, the American currency will remain in the range of 92-97 rubles.
For reference
The United States dollar is the monetary unit of the United States and one of the world's major reserve currencies.
