At the end of last week, the ruble hit back the dollar and the euro. After a long fall, he significantly strengthened his position. But this week the weakening of the national currency may continue. A number of negative factors play against the ruble. "Russian" continues to remain rather weak.

Last week, it traded in the range of 67-68 rubles for $ 1. On Friday, August 31, there was a slight correction. The ruble managed to grow by 69 cents to the dollar, to 67.55 rubles, and by 1.25 rubles to the euro, to 78.37 rubles, according to the website of the Moscow Stock Exchange. But experts predict that this week the dollar can soar above 70 rubles. Significant pressure on the ruble is exerted by continuing tensions in emerging markets. Investors continue to sell assets of these countries, which does not bode well for local currencies. The ruble in this sense is not an exception, although it was not so much shaken as the Turkish or Brazilian currency. To unpleasant factors, it is also necessary to add sanctions to our country. Last week, August 27, came into force a package of restrictions, which deals with the ban on the supply to Russia of dual-purpose electronic equipment. This created nervousness among the players. And already on September 5 in the Senate hearings on the further expansion of sanctions will be resumed. The prohibition may include buying federal loan bonds and other Russian securities, which could lead to the flight of foreign capital and turn into serious problems for the domestic economy. In addition, the geopolitical confrontation and confrontation between the United States and Russia around Syria once again exacerbated. All this cumulative pressure neutralizes support in the form of expensive oil and stopping the purchase of currency on the open market by the Bank of Russia for the Ministry of Finance under the budgetary rule. This week, the dollar will most likely fluctuate between 66 and 70 rubles. The dollar will break through the upper boundary when some negative events are realized. These include the downgrade of Italy by Moody's or the introduction of new US trade restrictions on Chinese goods worth $ 200 billion. This opinion was expressed in an interview with Rossiyskaya Gazeta by the head of operations in the financial markets of Vostochny Bank Konstantin Kochergin. Other experts generally agree with him.

"As before, for the ruble for the next week I do not see any positive factors. After September 7, the ruble will be supported by cycles (fluctuations in the exchange rate, similar to changes in the value of currency in the past. - Prim. "Morning. py "), on them the ruble can be strengthened until the middle of October. But geopolitics are steeper than cycles, so it can change the movement of prices in any direction, "- quotes the analyst of Alpari company Vladislav Antonov" Prime ".