Financial analysts give a forecast for the strengthening of the Russian currency by the end of 2023. Currently, the dollar is past the highest levels of annual fluctuations, according to banking experts, internet resource Teleprogramma.pro reported.
Experts believe that the Russian economy is at the “bottom” in the third quarter of 2022. Accordingly, the stability, positive trends and improvement in macroeconomic indicators observed in the field of large enterprises in the Russian Federation since then will lead to an increase in the demand for the ruble and affect its further strengthening.
Alfa Capital analyst Alexander Dzhioev confirmed that the most likely forecast for the Russian currency rate by the end of 2023 is 70-75 rubles in the base scenario and 65 rubles in the positive scenario for 1 US dollar.
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