So far, the situation in Kazakhstan is not unfolding according to the most dramatic scenario, but if it continues to deteriorate, the ruble will continue to weaken and may fall below 80 rubles / $. This forecast was shared with Izvestia by the associate professor of the PRUE. G.V. Plekhanov Denis Domashchenko. However, he stressed that at the same time on January 5, oil prices rose from $ 79.9 to $ 81.4 per barrel.
“The rise in oil prices suggests that even if there are interruptions in the supply of Kazakh oil to the world market, Russian oil can theoretically replace it. Oil traders fear this situation. Therefore, the inflow of foreign currency to the countries may increase, ”explained Denis Domashchenko.
According to him, the development of the situation in Kazakhstan will influence the further rate of the national currency. If it is kept, then the ruble will stabilize. If the situation deteriorates, then the ruble exchange rate may break through the 80 rubles / $ mark, the expert predicted. According to him, this will happen if Moscow and NATO make harsh statements on Ukraine.
“Investors are gradually leaving Russian assets. Today, January 5, Russian blue chips – Sberbank, Gazprom – were falling. This situation will unfold if world markets continue to fall in connection with the situation around Omicron, he said.
Denis Domashchenko recalled that on January 5, at the opening of American markets, Western shares also declined. Against this background, the ruble is also gradually weakening. Additional weakening of the ruble will provoke the fact that at the beginning of next week, the Central Bank will start buying currency according to the budgetary rule, he added.
Earlier on Wednesday, it was reported that the Russian ruble fell strongly against the euro and the US dollar. The euro rose above 86 rubles, the American currency exceeded 76 rubles, follows from the data on the website of the Moscow Exchange.
Source: IZ
Jane Stock is a technology author, who has written for 24 Hours World. She writes about the latest in technology news and trends, and is always on the lookout for new and innovative ways to improve his audience’s experience.
