Every day the Russian currency is becoming increasingly difficult to maintain stability. Support factors are gradually exhausting themselves, which means that the ruble is on the verge of big shocks. At the end of last week, the ruble strengthened a little under the influence of the slowed drop in oil prices and the peak of the tax period. At the auction on Friday on the Moscow stock exchange, the dollar lost 12 kopecks in price, dropping to 66.44 rubles. The euro fell by 25 kopecks, falling to 76.23 rubles, according to the website of the trading platform. Negative factors are tightening the ring around the ruble.

He managed for quite a long time to ignore external turbulence and a significant decrease in oil prices.. However, now the tax period is over. “From the beginning of the week, the ruble should return to its customary dependence on the global market situation, the behavior of oil prices and Western sanctions rhetoric,” Vladimir Evstifeev, head of analytical department of Zenit Bank, told Rossiyskaya Gazeta. Investors in the near future should not rely on oil support. Stocks of black gold in the United States rose again, Saudi Arabia will increase production, and therefore players bet that quotations will fall in the near future. Within the Russian Federation, the ruble also does not have adequate support. The decision of the Bank of Russia to maintain the key rate at the current level, which was expected by the market, will not have a pronounced negative or positive effect on the ruble exchange rate, said Anatoly Saltykov, head of the SMP-Bank Strategy Development Department.. Of course, the main pressure on the Russian currency has the expectation of new sanctions.. If this package touches the ban on the purchase of federal loan bonds, the dollar will no longer fall below 67 rubles, and in an unfavorable scenario it will reach 70 rubles.. "This may predetermine the behavior of the ruble, which will react with restraint to the positive news, but it is easy to weaken after any negative news via the geopolitical channel. The behavior of oil prices after the last deep correction will also be important, "said Vladimir Evstifeev.

Chief analyst at BCS Premier Anton Pokatovich does not believe that the ruble will experience a large-scale recession in the next couple of weeks, despite the balance of factors that is not in his favor. Investors lurking in anticipation of the meeting of the presidents of Russia and the United States, which is scheduled for November 11. On the other hand, no one buys for the future with rubles, since the positive expectations from the meeting may be replaced by disappointment, as was the case after the previous dialogue between Vladimir Putin and Donald Trump in Helsinki.