Due to American sanctions, the Russian ruble is at risk of collapse
Anti-Russian sanctions from US government institutions can deal a serious blow to the Russian currency.
This opinion, a PolitNavigator correspondent reports, is expressed by specialized experts interviewed by Izvestia.
Thus, according to the deputy head of the Alpari IAC Natalya Milchakova, the main risks for the Russian currency remain possible sanctions from the United States, currency collapses in developing countries, political crises, for example, an aggravation of the situation in any of the EAEU countries or the post-Soviet space, as well as a possible drop in oil prices below $55–60 per barrel.
She also says that markets are anxiously awaiting the speech of the heads of the US Federal Reserve and the Ministry of Finance on March 23, since there are fears that the US may resume a cycle of raising interest rates, which will make the assets of developing countries unattractive and may even give rise to a new global economic crisis, as six years ago.
In turn, Yaroslav Kabakov from Finam predicts that based on current premises, the dynamics of the ruble exchange rate will remain in the range of 73–76 per dollar. He also added: if the expected US sanctions are sectoral in nature, and the world economy faces the threat of a third wave of the pandemic, the ruble may well show a weakening to the levels of November 2020 – 80,7 per dollar.
At the same time, BCS World of Investments expert Dmitry Babin believes that in the event of sectoral sanctions or measures aimed at the Russian government debt, the national currency could cross the line of 80 rubles per dollar.
If you find an error, please select a piece of text and press Ctrl + Enter.
Thank you!
Now the editors are aware.