Short-term volatility of the dollar to Russian ruble exchange rate can reach 1-2 rubles.
This forecast was voiced by David Grigoriev, senior investment adviser of the Gazprombank Investments service.
The expert's opinion is provided by Bankiros.ru .
Is it worth selling dollars now?
As Grigoriev explained, the Russian currency has stabilized at a level close to fair.
The ruble was trading at these same levels in October last year, the expert recalled.
According to him, short-term volatility of the American currency against the Russian one could reach 1-2 rubles.
Answering the question of whether to buy or sell dollars, Grigoriev noted that it depends on the investor’s goals.
According to an expert, it is definitely not worth keeping dollars under your mattress.
Currency held in cash is subject to inflation and is not an asset in the full sense of the word, Grigoriev explained.
