Dollar exchange rate forecast for October: does it make sense to buy currency

19.09.2024 22:23

In October, fluctuations in the dollar to Russian ruble exchange rate are expected, but it will not exceed the 100 ruble mark.

This forecast was voiced by candidate of economic sciences Sergei Zainullin.

The economist's opinion is cited by Bankiros.ru.

What will happen to the dollar in October

Zainullin expects the exchange rate of the American currency to fluctuate in the range of 3-5 rubles next month, both downwards and upwards.

This means that the value of the dollar could range from 86 to 96 rubles, the publication cites the expert’s forecast.

dollar
Photo: © Belnovosti

Answering the question of whether to buy dollars in October, the economist said that it makes sense if you plan to spend in dollars.

Zainullin does not recommend considering the dollar and euro as a means of investment.

The expert warned that these currencies could depreciate at any moment. As an example, he cited the situation with the forced exchange of one of the Swiss franc series by the Swiss Central Bank.

It cannot be ruled out that dollars in Russia may also be subject to zeroing, Zainullin warned, writes Bankiros.ru .

Timur Khomichev Author: Timur Khomichev Internet resource editor