Dollar quotes continue to decline consistently. On the eve of the Moscow stock exchange closed at a time when for $ 1 gave only 56.32 rubles, that is, for the day the American currency fell in price by 33 kopecks. During the trading session, the dollar fell completely to the level of 56.2 rubles. So cheap it was not worth since June last year. The dollar is not in the best shape. In relation to major currencies, he broke three-year lows. According to experts, the events will develop according to this scenario until March. The stability of the US currency was broken by rising oil prices and several other factors. First of all, this is a general disappointment from the coming tax reform. The White House promised to lower corporate taxes. This step is aimed at giving a powerful impetus to the American economy, forcing it to grow. Reducing tax costs, companies, according to the idea of ??US President Donald Trump, should increase production volumes. However, Washington strategists missed one important detail. If you reduce tax revenues, a huge hole is formed in the budget, there will be nothing to stop it. The only way is to borrow again abroad, increasing the already huge national debt. Trump before the election promised for eight years to pay off foreign debt, the size of which has already exceeded $ 20 trillion.

In the meantime, everything goes to the fact that the incumbent president, like his predecessors, will only increase the debt burden. This perspective does not like investors, which makes the dollar lose some of its value. Another reason for the decline in the dollar's exchange rate stability is the extravagant behavior of the head of the White House. It would seem that over the past year the world must have become accustomed to the harsh statements and actions of the American president, but Trump is each time surpassing himself. The nervousness of the foreign policy leads to sharp jumps in the value of the dollar, as the inconsistency of the words and actions of the American leader is very damaging to business. To this is added the internal inconsistency between the presidential administration and the Congress. "The American economy shows good growth performance at Trump, and the currency should grow, but Democrats sabotage many of its reforms, including tax, and such instability in the domestic political situation in the country, of course, pulls the dollar down," said the head of the analytical center Fundery Mikhail Belyaev (his words are quoted by the Moscow Komsomolets). Against the background of a weakening dollar, the euro and other currencies. The euro is strengthened by the equalization of the economic situation in the Old World, and also thanks to the fact that Angela Merkel has finally reached an agreement on the formation of the coalition government of Germany. The ruble is feeling well with the "green", but the single European currency is strengthening faster than the Russian, so on the eve of the ruble fell to the euro by 22 kopecks, to 69.19 for 1 euro. Nevertheless, the stability of the ruble is not questioned.

It is kept afloat by the favorable conjuncture in the hydrocarbon market, the growth in the value of Russian bonds and the stable interest of investors in the currencies of developing countries. Other positive for the national currency factors are economic stability (last year the economy graduated with little, but growth), low budget deficit in 2018 and a positive balance of trade balance.

The threat of new restrictive measures against Russian individuals and companies on the part of Washington is unlikely to negatively affect the value of the ruble. "I think that the possible tightening of sanctions is likely to concern specific people and their finances, as a result, the ruble will not be affected," said Alexander Abramov, head of the laboratory for analysis of institutes and financial markets of the Russian Academy of Science and Technology, in an interview with Rossiyskaya Gazeta.