15:05 - 27.02.2023
February 27, Fineko/abc.az., the Russian currency will fall in price even more earlier this March under the influence of three negative factors, and the US dollar will reach the level of 80 rubles, ABC.AZ quotes BitRiver financial analyst Vladislav Antonov.
"The week from 20 to 24 February was unsuccessful for the Russian currency. The next stage of its weakening began at the end of November 2022. To date, the ruble remains under pressure against all major currencies traded on the Moscow Stock Exchange," he said.
Negative factors for the national currency are the budget deficit, a decrease in the supply of foreign currency with a drop in export earnings, and an increase in geopolitical risks. Western countries are actively announcing new sanctions against Russia.
"The above factors will continue to put pressure on the ruble during the week from 27 February to 3 March," Antonov predicts.
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