Source Pravda.Ru

Analysts forecast dollar rate for next week

The dollar exchange rate at the UTS eased back by RUR0.0272 to RUR31.5619 per dollar, and at the MICEX by RUR0.0225 of deals with today settlements. According to some analysts, participants of the trade have been extremely inert today, however some of them preferred to sell foreign currency before the long holiday weekend. The Central Bank practically did not interfere in the trade. In general, the situation has not changed on the market, the rate was fluctuating between 31.55 and 31.60 RUR/USD.

At the same time, the level of ruble liquidity has decreased a bit. This tendency may continue next week, which could result in a further retreat in the dollar rate. Currently the rate is fluctuating within a sideways trend and the majority of participants are watching the situation. Experts believe that the situation is unlikely to change considerably.