The Russian currency can collapse until the mark of 100 rubles per dollar, if the geopolitical situation is aggravated.
Executive Director of the Capital Market Department of IR “Universal Capital” Artem Tuzov told the agency “Prime” that now there is no economic reasons for a sharp collapse of the ruble, but the situation can spoil geopolitics.
According to the expert, the Russian economy and the budget are now in conditions even better than a pandemic when the dollar cost about 60 rubles: “Prices have increased significantly for the main products of Russian exports, the budget is proofed, the central bank reserves put new historical records.”
At the same time, warns the aces, on the course of the ruble, there may be no problem in the economy, which is not, and the geopolitical situation. “There have been many political reasons why the dollar can rush to 100 rubles,” says the aces. According to him, such reasons include the disruption of negotiations between Russia, the United States and NATO, as well as the possibility of holding the military operation of Ukraine in Donetsk, and the threat of the imposition of sanctions was recently added and the threat to the introduction of sanctions immediately against all CSTO members for the help of Kazakhstan in the normalization of the political situation there early January.
Tuzov believes that “against the background of these illogical political actions, the nervousness of investors appear, which, of course, affects the growth of the dollar rate towards the ruble.”