The exchange rate of the ruble to the western currencies declined two consecutive days. There is a high probability that such a trend will continue today. During yesterday's trading on the Moscow Stock Exchange, the Russian currency lost 14 kopecks against the US dollar and 53 kopecks against the euro. At the opening of today's session, quotations slightly adjusted (the dollar dropped by 8 cents, the euro - by 10), but what will happen next - it's hard to say. At the moment, $ 1 is worth 56.94 rubles, 1 euro - 70.56 rubles. The negative factors that put pressure on the ruble in recent days (the expectation of new sanctions from the US Treasury, the upcoming Fed rate hike and the Bank of Russia rate cut), there will be one more, but very serious,. "Wooden" will not be easy.

The weakening of the national currency may be facilitated by the decline in oil prices. On the eve of the cost of a barrel fell to $ 64.54. This happened after the United States announced to the whole world about the growth of shale oil production. It is the activity of Americans that nullifies all the efforts of the participants in the OPEC + agreement that keep production at a low level and refuse to take such tactics yet.

However, far-reaching conclusions should not be made. The depreciation of the ruble is for sure temporary. Too much Russian currency does not ask for - there are no fundamental prerequisites for this. On the contrary, by the end of the month the Russian currency has all chances to win back losses, the head of the analytical department of the UK BC Sberezhenie Sergey Suverov. In any case, it is extremely unlikely that the dollar rate will go beyond the corridor 56-58 rubles. For the safety of ruble savings Russians can not worry.

In favor of the ruble will play several factors at once. First, the political leapfrog is going on in the US. On the eve of President Donald Trump fired Secretary of State Rex Tillerson. Exchanges reacted instantly: the shares fell, the dollar weakened. The decline of the "American" to major world currencies will reduce pressure on the ruble today.

Secondly, the Ministry of Finance of the Russian Federation on the background of the weakening of the ruble reduced foreign exchange purchases by 100 billion rubles. For "wooden" it should be a powerful support.

Thirdly, despite the threat of sanctions and changes in rates, the demand for Russian federal loan bonds is very high. This also works to strengthen the currency.

Fourth, the next tax period is approaching. At this time, exporters are actively buying rubles in the domestic market to pay off the state. Therefore, the national currency will be in high demand.

Finally, the results of the presidential election will give the ruble additional stability. The sense of stability is highly valued in the financial world, and therefore at the end of the month it is worth expecting a surge of interest on the part of foreign investors to Russian assets and currency.