Dollar May Reach 29.64-29.65-ruble Level By End Of Month

Experts say, the dollar may go up to the 29.64-29.65-ruble level by the end of this month. However, everything will depend on the availability of ruble resources on the interbank market. In their opinion, traders understand that the dollar is not likely to experience any significant changes in the near future. Among the main factors that influence the dollar exchange rate now is the volume of free ruble resources on the interbank market and ruble rates. At the beginning of this week, traders were forced to sell currency, as there wasn't many rubles on the market, and too much currency was introduced for sale. On the other hand, news that could influence the situation on the market is positive now. The average-weighted dollar exchange rate is likely to go up to the 29.60-29.61 level at the unified trading session today.

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Author`s name Editorial Team