Date: 6 months ago   Category: Economy

The MEDT expects return of dollar exchange rate to 63-64 rub in the second half of the year 2019 — Rambler News Service


The Ministry of Economic Development expects return of ruble exchange rate to the level of 63-64 rubles for dollar in the second half of the year 2019, the economy picture follows from the report ". August, 2018". "The Ministry of Economic Development of the Russian Federation keeps invariable the forecast of ruble exchange rate for 2020-2024. It is expected that ruble exchange rate to US dollar will return to the levels of 63-64 rubles for dollar in the second half of 2019 and further it will continue to be weakened by the speed close to inflationary differential between Russia and the countries – trade partners" — it is said in the document. Department has added that the Ministry of Economic Development of the Russian Federation has revised the forecast of ruble exchange rate to US dollar until the end 2018 and first half of the year 2019 towards easing. According to materials of the MEDT, dollar exchange rate for 2018 will average 61,7 rubles for dollar. The MEDT has reminded that "in August the announcement of the USA of possible introduction of the new package of sanctions" became an additional factor of ruble depreciation. "In the second half of August noticeable ruble depreciation (at the beginning of September ruble exchange rate to US dollar was about 8% higher, than at the beginning of August) has resulted", - have emphasized in the Ministry of Economic Development.

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