... different estimates, taking into account current economic conditions and possible risks. The Russian Ministry of Economic Development expects the exchange rate to be around 93.8 rubles per dollar. This forecast is based on stable revenues from oil and gas exports, as well as possible support measures from the Bank of Russia. SberCIB Investment Research forecasts the exchange rate at 95 rubles per dollar, relying on high interest rates in Russia, which make the ruble attractive for short-term investments....

... winter months when resource consumption peaks. At the same time, the temporary nature of the exemption indicates a cautious approach and leaves open the possibility of tightening sanctions in the future. Impact on the Energy Sector Stability of Export Transactions: For Russia, this will allow major energy companies to continue exports in normal conditions, reducing risks associated with banking operations. Currency Flows: Maintaining foreign currency transactions will ease pressure on the ...

... removing barriers could boost market sentiment. In contrast, hardline comments may prompt sell-offs in emerging markets, including Russia. Recommendations: Investors should watch for any decisions on energy as they may impact Russia’s oil and gas exports. Positive comments on global stability could strengthen emerging-market currencies and support export-oriented stocks. Central Bank Speeches Key figures from global central banks are scheduled to speak, including the Bank of Japan Governor, Kent ...

... likelihood of such a scenario has increased after Masoud Pezeshkian's victory in Iran's presidential elections," he said. According to the agency's source, the lifting of the embargo would allow Iran not only to increase but also to diversify its exports, redirecting some shipments to Japan, South Korea, Turkey, and Southern Europe, which were key consumers of Iranian oil before 2019. "This, in turn, would contribute to stabilizing the oil market and preventing price spikes, as seen in ...

... Ruble Depreciation Geopolitical Factors The introduction of new US sanctions against Russia in November 2024 dealt a serious blow to the economy. The sanctions affected key sectors and restricted access to international financial markets. Decline in Export Revenues Falling global prices for oil and gas, along with a reduction in their export, diminished the inflow of foreign currency into Russia. Monetary Policy The Central Bank maintains the key interest rate at 21%, which curtails economic activity ...