When is it profitable for Russians to buy dollars?

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The threat of US sanctions and fluctuations in oil prices are two factors that make Russians planning trips abroad think about choosing the most favorable moment for buying dollars.


According to Russian financial analysts, there will be no radical changes in the dollar exchange rate in the next few weeks.



According to forecasts, the nearest noticeable drawdown of the dollar will happen after the New Year holidays. A number of factors will contribute to this.

The most important of them is the bill on anti-Russian sanctions, which the US Congress is likely to consider after the New Year holidays. Therefore, all the negative expectations associated with this will appear in January-February of the next, 2019.

The second, no less important factor affecting the “weight” of the ruble is oil quotes.

In addition to the cheapening of oil on the international market, US statistics will affect the growth of the dollar, which shows growth economics.

Based on the totality of these factors, experts recommend thinking about buying US dollars now.

Recall that according to the forecast of a number of experts, before the end of this year, the value of the dollar may be higher than 70 rubles, even if the price of oil stays at $ 70 per barrel, and the Ministry of Finance will not conduct operations to purchase foreign currency.
  • http://soyuzconsult.ru
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