What will happen to the dollar in Belarus: forecast for 2025

22.12.2024 19:28

Financial analysts and specialists from Belarusian banks believe that next year the dollar will cost from 3.43 to 3.53 rubles.

The experts' forecast is cited by the publication "Minskaya Pravda".

What will happen to the dollar in Belarus in 2025

As Minska Pravda reports, the situation on the Belarusian currency market resembles a roller coaster.

A sharp rise in the exchange rate of foreign currencies alternates with an equally sharp decline and a new rise, followed by a gradual rollback.

A similar situation with the American currency is observed on the world market.

dollars
Photo: © Belnovosti

It is difficult to say why this is happening, since many factors currently influence the global financial system.

And not only the Belarusian and Russian currencies are losing weight, but also the euro and yuan.

The Belarusian currency is following the trajectory of the Russian one, and it has been affected by new sanctions that have affected not so much the Russian but the global banking sector.

With the new restrictions, the outgoing American administration decided to kill two birds with one stone: to make it difficult for foreign partners to pay for Russian gas and to cut off more than 50 banks in other countries from international payments via the SWIFT system.

In this way, the US is trying to strengthen the dollar, which has begun to lose its position as the main reserve currency.

Financial analysts and specialists from Belarusian banks believe that next year the exchange rate of the American currency to the Belarusian ruble will be in the range of 3.43 to 3.53 rubles.

By the end of the outgoing year, we may see our national currency consolidate at stable values, the publication notes.

Timur Khomichev Author: Timur Khomichev Internet resource editor