The dollar exchange rate in Russia went up again. At the close of trading on the eve it cost 63 rubles 79 kopecks, that is, 17 kopecks. On Friday the trend will continue, the professor of the Financial University under the Government of the Russian Federation Boris Kheifets.
It's not just that at the end of the working week financial players traditionally record profits, explained the expert "Rossiyskaya Gazeta". This time, the ruble is also pressured by an external factor, such as the state of the global oil market. These days in Vienna, OPEC meeting in the format of OPEC +, that is, with the participation of Russia and a number of other oil producers outside the cartel. It is expected that after a year and a half of freezing the level of production of "black gold" and even its reduction, the participants will agree on increasing the sales of oil raw materials. Such decisions always hit the ruble, so now the foreign exchange market reacted accordingly, without waiting for the end of the OPEC meeting. On the eve of the Finance Minister, First Deputy Prime Minister Anton Siluanov admitted that the ruble would have been strengthened long ago if it had not been for the budgetary rule in Russia. According to him, all the oil revenues coming to the treasury when selling oil is more expensive than $ 41 per barrel, are used to purchase foreign currency, which is then transferred to the National Welfare Fund. This year, the Ministry of Finance has already purchased the currency for 1.3 trillion rubles, and in June for these purposes it is planned to release another 380 billion rubles. It is clear that when the state at such rates buys dollars, euros and other foreign banknotes, its currency loses its value. Earlier, experts suggested that the value of the dollar by September will reach 70 rubles.