The dollar will collapse before the end of the year: what an expert warned about

23.11.2024 20:19

Recently, the American currency has been rising in value relative to the Russian currency.

According to data as of November 23, the value of the dollar is more than 102 Russian rubles.

However, Nikita Makarov, a Master of Economics, believes that the successful series for the US currency will be short-lived, Bankiros.ru reports.

According to the expert, the Russian ruble will stabilize in the final weeks of this year.

It is also quite possible that the following scenario will develop: the strengthening of the Russian currency relative to the “representative” of the United States.

dollar
Photo: © Belnovosti

In other words, the dollar may become cheaper in the final weeks of 2024.

What will happen to the dollar and other foreign currencies exchange rate?

Makarov does not rule out that the American currency will soon fall in price to 93 Russian rubles.

However, the expert emphasized that the dollar will soon strengthen slightly: to approximately 95 RUB.

The expert admits that sometimes the exchange rate of the US currency will exceed the 100 Russian ruble mark. But such periods will be short-lived: then the dollar will "lose weight" again.

As for the euro exchange rate, Makarov gave the following forecast: by the end of the year, the exchange rate of this currency will stabilize at 100 RUB per 1 EUR.

And the predicted value of the Chinese currency is as follows: 13 rubles for 1 CNY.

For reference

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

Kurchev Anton Author: Kurchev Anton Deputy Editor-in-Chief