The ruble began to decline after a prolonged rise. So far, analysts can’t say what caused this — a radical change in investor sentiment or the usual correction.. But it can be stated unequivocally that by the end of the year the Russian currency will significantly decrease compared to its current values ??due to the new wave of sanctions.. Yesterday on the Moscow Stock Exchange began the growth of the ruble against the dollar and the euro. However, then the situation changed radically.. The trading session ended with the rise in the dollar by 26 kopecks, to 65.51 rubles, and the euro appreciation by 32 kopecks, to 75.11 rubles, according to the website of the trading platform. "The Russian currency has passed the position of foreign currencies against the backdrop of a collapse in oil prices. The price of Brent crude oil ... fell by 4.9% against the backdrop of statements by Saudi Arabia about the imminent increase in the production of raw materials and maintaining the level of oil supply after the introduction of anti-Iran sanctions, "explained Alpari analyst Vladislav Antonov. At the same time, he noted that the effect of fluctuations in oil prices on the ruble rate was minimal. "Oil fell by almost 5%, while the ruble weakened against the dollar by 0.4%. He resisted solely due to the tax period and the approaching peak of payments to the budget. I believe that market participants will not respond to the collapse of oil, while it costs more than $ 75 per barrel, "quotes the expert" Prime ". Ekaterina Tumanova, head of the analytical department of Finist, believes that the ruble on the oil wave will soon strengthen a little. She stated this in a comment to Rossiyskaya Gazeta.. "On Wednesday, it is expected that, from the market point of view, data from the Energy Information Agency on stocks of crude commercial oil available from US firms. Already, a consensus forecast of analysts says that these reserves will be almost two times less than they were last week, and in fact it is American companies that buy the most oil on the market. And once the reserves fall, then the demand for oil will grow. This may strengthen the ruble, but a little - a clear limit is the mark of 64.9 rubles per dollar and 74.55 rubles per euro, "she said. The relatively weak dependence of the ruble on black gold is a new reality.. At the moment, it is not the oil and tax periods that have had a greater influence on the rate of the national currency, but the geopolitical background, in particular, sanctions and rumors about their introduction.

So far, there is some sanctions calm in the United States associated with active preparations for the midterm elections to Congress.. However, in November, lawmakers will return to this issue.. "If sanctions are still imposed, by the end of the year, there may be a comfortable range of 70.5-72.5 for the ruble against the dollar, and 82-84.5 for the European currency. If the United States changes its mind, or the restrictions are not tight, then the growth of currency rates can be limited: 67-68 and 79-80 rubles per dollar and euro, respectively, "said Tumanova.