Forecast for December: what will be the dollar exchange rate

01.12.2024 17:25

In December, the dollar to Russian ruble exchange rate will fluctuate in the range of 100-110 rubles.

This forecast was made by investment advisor Alim Gonov.

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

What will be the dollar exchange rate in December

Gonov believes that the weakening of the Russian ruble will continue in December.

As the expert explained, the main factors putting pressure on the Russian currency are sanctions against Gazprombank, planned sanctions against Russian tankers and Donald Trump's victory in the US elections.

dollar
Photo: © Belnovosti

According to Gonov, the Central Bank of Russia will continue to take measures to stabilize the ruble.

The expert expects that at the next meeting of the Central Bank the key rate will be raised to 23%.

Gonov also did not rule out that the Central Bank will reintroduce mandatory sale of foreign currency earnings.

Under current conditions, an exchange rate in the range of 95-100 rubles per dollar is quite comfortable for the budget, the expert noted.

According to his forecasts, in December the dollar will cost 100-110 rubles, the euro – 107-119 rubles, and the Chinese yuan – 14-15 rubles.

These values, according to Gonov, reflect the realities of the market and the influence of the factors mentioned above.

For reference

The United States dollar is the monetary unit of the United States and one of the world's major reserve currencies.

Timur Khomichev Author: Timur Khomichev Internet resource editor