Goldman Sachs expert said when the ruble will return to its previous level

On March 13, 2020, the Central Bank of Russia set the official exchange rate in the amount of 74,0274 rubles to the US dollar, and the euro rose to 83,6584 rubles. At the same time, Goldman Sachs Bank analyst Clemens Graf is sure that this is a temporary phenomenon. He believes that now the ruble follows the change in oil prices and will stabilize after the fall, and then, within 2,5 years, will return to the level of 61 ruble per dollar.

According to the expert, after the termination of the OPEC + agreement, for six months the price of Brent crude oil will stay at around $ 30 per barrel (1 barrel - 159 liters). Then, in two years, the price of such oil will return to the level of $ 60 per barrel.

Our team now predicts oil prices at $ 30 per barrel over the next six months, and then a gradual increase to $ 60 per barrel over two years. We believe that in this scenario, the ruble will initially depreciate to 75 rubles per dollar, and then begin to grow to 61 rubles

- Count believes.

The graph said that during the II and III quarter of 2020, the Russian currency will stay in the region of 75 rubles per dollar. Then, in 12 months, the Russian currency will strengthen to 68 rubles per dollar. As a result, in 2,5 years the Russian currency will return to 61 rubles per dollar.

It should be recalled that the OPEC + agreement will cease to be valid on April 1, 2020.
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  1. Arkharov Offline Arkharov
    Arkharov (Grigory Arkharov) 14 March 2020 07: 32
    I think never.
  2. Observer2014 Offline Observer2014
    Observer2014 14 March 2020 17: 17
    Never! Wooden, as it was logs, so he until the next denomination and waddle. From crisis to crisis. Hello to the junkies! hi
    1. Bitter Offline Bitter
      Bitter (Gleb) 15 March 2020 17: 12
      as it was logs, so he until the next denomination and waddle.

      Just for such a course, we must fight.
      And someone at one time o / t / started it up according to the "recommendations" of free market experts.
  3. The comment was deleted.