Vnesheconombank (VEB) predicts that in 2020 the average annual dollar rate will make up 52.8 per ruble. The strengthening of the national currency will take place against the background of rising oil prices and increasing Russian exports. Such data follow from the macroeconomic forecast, published on the website of the state Corporation Monday, August 15.
VEB expects that in 2016 the dollar will be worth on average 67-67,9 rubles, in 2017 — 60.2 rubles, in 2018 — 55.3 ruble, 2019 — 53.5 euros in 2020 and 52.8.
Inflation in 2016 will amount to 7.2 percent, according to the VEB. In 2017 it will be reduced to 4.9 percent and then will not exceed the target level of the Bank of Russia (4 percent). In 2017-2020 with rising oil prices and a small decline in interest rates, the Russian economy will go to growth, experts say.
August 12, analysts at investment Bank JP Morgan Chase & Co announced that the ruble will strengthen by the end of the year to 61,36 per dollar.
August 5, analysts VTB 24 declared that the dollar has reached the point of reversal and will soon begin its decline until at least 55 rubles. The reason for the strengthening of the ruble should be an increase in oil prices.
A day earlier, Bank of America Merrill Lynch said that the ruble will soon fall to the bottom and investors should pay attention to the Russian currency, if they want to win as a result of its growth.
