The trade wars the US is unleashing around the world will strengthen the dollar and deal a devastating blow to the currencies of developing countries.

Among others, the ruble will also suffer. The Russian currency may exceed the limits of the corridor and significantly depreciate. On the eve of trading on the Moscow Stock Exchange, the ruble sank 9 cents to the dollar and 6 cents to the euro. Now the unit of American currency is 63.24 rubles, the European one - 73.66. "Rossiyanin" is in a fairly stable position, but gradually it will take positions under the influence of news from the US, experts say. The aggravation of trade relations between the United States, China, the EU and a number of other countries has a negative impact on world markets. Investors are provoked for the sale of risky assets, and in emerging markets this primarily leads to a weakening of national currencies, says analyst of Alfa Capital UK, Daria Zhelannova. With it agrees the leading analyst "Discovery Broker" Andrey Kochetkov. According to him, trade wars are accompanied by foreign exchange, so the main risk for the ruble comes from this area. Trade restrictions can take effect tomorrow. So the ruble may start falling already at the end of the week. "New American duties on Chinese imports will come into effect Friday. China may tomorrow announce retaliatory measures, which will negatively affect the dynamics of the ruble exchange rate, "said Alpari analyst Vladislav Antonov. Another powerful factor of pressure on the ruble is the currency intervention of the Ministry of Finance of the Russian Federation. In the summer, less money is being drawn on the market, but the department does not reduce the volume of purchases of dollars and euros. This leads to the fact that the ruble feels extremely insecure. On the eve of the Ministry of Finance announced that in July, he acquired foreign monetary units totaling 347.7 billion rubles. This is less than the June record of 379.7 billion rubles, but more than the May figure of 322.8 billion rubles. A reliable backup for the ruble is the cost of oil. Now, black gold is trading near $ 78 per barrel of Brent: support for prices is provided by data to reduce oil reserves in the US, as well as OPEC's decision to increase quotas by slightly less than the market expected. "The recent news about the blocking of ports in Libya and the reduction of production in Iran due to US sanctions also do not give quotes for black gold to decline. High oil prices provide substantial support for the ruble exchange rate, "notes Darya Zhelannova. From mid-April, the dollar is in the range of 61-64 rubles.

It is unlikely that he will cross these borders in the coming days. But as the ruble weakens gradually, the barrier will be overcome. The decline in the value of the Russian currency will continue until the end of the month, when the next meeting of the Federal Reserve System. It may decide to relax the monetary policy, which will lead to a weakening of the dollar.