Donald Trump's re-election could have a significant impact on the US dollar.
Russian economist Vadim Kovrigin warned about this.
The expert's opinion is provided by Bankiros.ru.
What will happen to the dollar under Trump
As Kovrigin explained, Trump's re-election could increase the dollar's exchange rate against world currencies.
Against the backdrop of Trump’s victory, the exchange rate of 99 rubles is possible, Bankiros.ru quotes the economist’s forecast.
According to Kovrigin’s forecasts, the euro exchange rate will fall, and the Chinese yuan will cost 13.3-14.3 rubles.
The economist added that the ruble fell in October due to rising budget expenditures and a worsening balance of payments.
There is a possibility that the balance of currency purchases and sales will shift in favor of the ruble, which will support it in the coming weeks, Kovrigin noted.
