In the near future, fluctuations in the value of "green" will fully determine the mood of investors in the foreign exchange market.. As the dollar is likely to strengthen, the ruble is set for a prolonged fall. Yesterday, after a vigorous start of the session, the ruble eventually surrendered its positions under the onslaught of the dollar and euro. It was influenced by a sharp drop in oil prices and the echo of sanctions rhetoric.. Today, in the course of trading on the Moscow Stock Exchange, the dollar and the euro are a bit cheaper: by 10:13 Moscow time, the US currency dropped by 6 kopecks to 68.07 rubles, the European currency - by 7 kopecks, to 76.8 rubles, according to the data of the trading platform. But most likely, the ruble will turn around again during the day to reduce. According to experts, the strong dependence of everything and everything on the dollar is due to the tough policy of the US Federal Reserve..

The regulator is not going to deviate from this promise to further raise interest rates in this and next years.. Therefore, there is a powerful flow of global capital into US assets.. However, the dollar cannot rise to infinity. The whole question is how long it will last.. On the one hand, the head of the Federal Reserve, Jerome Powell, is no longer holding back the elections and the likelihood of being dismissed.. Therefore, he is determined to continue to adhere to the planned strategy, notes "Rossiyskaya Gazeta". On the other hand, the rapid strengthening of the dollar is unprofitable for US President Donald Trump.. The weakening of the euro by 10% since the beginning of the year against the backdrop of a stronger dollar wiped out the steel import tariffs imposed in April by Trump against the European Union in the same 10%. “It’s a rather strange situation: the White House is trying to improve the US’s position in world trade in various ways, and the Federal Reserve is working in the opposite direction on this background,” says Vladimir Rozhankovsky, an expert at the International Financial Center..

With further growth of dollar prices, the rate of the American currency will approach 75 rubles per unit.. Such a turn would have a negative impact on inflation in Russia.. The basic products of the consumer basket are unlikely to rise in price much (this should be prevented by the Federal Antimonopoly Service).

But imported goods - seasonal vegetables and fruits, spices and alcohol - can almost certainly rise significantly in price.. The surge in prices can pretty spoil our fellow citizens New Year's mood.