MOSCOW, October 1 – Novosti. At the beginning of next week, the ruble will most likely continue to moderately strengthen: despite the negative background, in early October, the dollar may cost 55-59 rubles, and the euro – 54-58 rubles, BitRiver financial analyst Vladislav Antonov told Prime.
The exchange rate in the outgoing week was rather static: the dollar kept around 58 rubles, the euro – 56. “Volatility on the Moscow Exchange increased on Friday, September 30, on fears of an accelerated implementation of the scenario of introducing new sanctions against Russia . However, one must understand that the subsequent restrictions of Washington and Brussels against Moscow may minimize foreign exchange trading,” the analyst emphasized.
Serious negative factors were increased tensions between Russia and the West, another round of sanctions and an accident on the Nord Stream pipelines. It is not excluded that next week the influence of these factors will be won back in full. However, fundamentally, the ruble tends to strengthen, so October may well become another successful month for the ruble, especially if organized trading in the dollar and euro on the Moscow Exchange stops, Antonov concluded.
