The dollar has stepped over a 68-ruble mark, and this is only the beginning

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The dollar has stepped over a 68-ruble mark amid another drop in oil prices: “black gold” has fallen in response to oversupply of the commodity under conditions of uncertain prospects for the global economy. A high probability that OPEC+ will soon have to take additional measures to stabilize situation on the market (at least, to resort to the tactics of verbal intervention).
Do not add the ruble positive news about allegedly preparing provocations in the sea of Azov and Crimea from Kiev, as well as statements of Russian President Vladimir Putin about the lack of dialogue with the American side on the INF Treaty and start III. In addition, the rate already reflects the Central Bank’s decision in January to resume purchases in the budgetary rules.
On the side of the domestic currency – the approach of the peak of payments for the tax on extraction of minerals, as well as the uncertain dynamics of the dollar after the fed meeting: the regulator has raised the stakes, however, lowered its forecast for next year, with the slowdown in the monetary policy.
Expected trading range for the coming week is 67,25 – of 69.25 rubles/dollar.
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Olga Belyaeva,
The head of the press service
UBRD