The value of the domestic currency gradually increases over the course of almost two weeks.. On the first day of October the trend continued: the exchange day was opened by the growth of quotations. Experts say that due to the undervalued exchange rate of the ruble, “Russian” has great potential for growth. At the start of trading on the Moscow Stock Exchange, the dollar fell by 2 kopecks, the euro - by 20 kopecks relative to the closing level last Friday. Then foreign currencies managed to slightly improve the situation.. As of 11:05 Moscow time, for $ 1 they gave 65.51 rubles, which is 2 kopecks less than at the time of opening. The euro was priced at 75.98 rubles (12 kopecks less). Experts note that the ruble regains a fall caused by an incorrect assessment of its value.. Last week, Deutsche Bank experts included the "Russian" in the five most undervalued currencies in the world. Therefore, its growth is absolutely logical.. So in the foreseeable future, the US dollar could fall to 60 rubles..

According to European analysts, the Central Bank played an important role in strengthening the ruble, which for the first time since 2014. raised the rate, and in addition, suspended the purchase of dollars on the market before the end of the year. The Russian currency was supported by macroeconomic stability and high oil prices.. At the same time, the main threat to the ruble is still US sanctions. Russian analysts agreed with the estimates of German economists. They noted that the current weakness of the ruble is caused by the risk of introducing new restrictions from the United States, RIA Novosti reports.. "It is enough to recall the substantial positive current account balance, the low accumulated level of public debt.

Budget balance is also encouraging. In the aggregate of all indicators, the ruble looks undervalued, which means that, under favorable circumstances, it has a reserve for strengthening, ”believes Nikolai Podlevskikh, head of the analytical department at Zerich Capital Management.. The only thing the Russian experts did not agree with the Germans is the statement about the strong dependence of the ruble exchange rate on the value of black gold..

In recent years, the dependence of the budget on oil revenues has significantly weakened, domestic specialists. At the same time, some observers reminded that too strong a ruble is harmful for the budget, whose filling depends on export. “The range 63-65 can be considered critical, the ruble is unlikely to allow further strengthening,” believes Andrei Yegorov, a currency trade strategist at TeleTrade.. The expert required for the budget is estimated at 66-68 rubles for $ 1.