By the end of 2024, the ruble to dollar exchange rate may be in the range of 93 to 100 rubles. In this answer, we reviewed key expert forecasts, including estimates from the Russian Ministry of Economic Development and SberCIB Investment Research, and explained the main factors influencing the exchange rate: oil prices, inflation, interest rates, and the geopolitical situation. A detailed analysis and commentary from Open Oil Market CEO Sergey Tereshkin will help you better understand what changes may occur with the ruble exchange rate and how this may affect investments and business. The ruble to dollar exchange rate forecast for late 2024 depends on many factors, including ...

... from content and communications to video games. It is crucial for investors to consider that the legal environment may change rapidly, necessitating flexibility and readiness to comply with new requirements from businesses. Companies operating in the Russian market for digital entertainment must ensure their services comply with legal standards to avoid fines and sanctions. Outlook and Conclusions The final adoption of the amendments and their entry into force are expected in the fall of 2025. By this time,...

... experience and acquisition of essential knowledge. Many investors opt to channel their funds into foreign markets rather than the domestic one. This preference is primarily driven by the promising investment opportunities that foreign markets present. The Russian market is still in its developmental phase, having been severely impacted by the crisis and sanctions. As a result, investors are more inclined to invest in the securities of foreign companies and in foreign currency. The American market is particularly ...

... years, it was at the end of summer that gas station prices caught up with the national average inflation level. At the beginning of June, Anton Rubtsov, the director of the Oil and Gas Complex Department of the Ministry of Energy, reported that the Russian market was fully supplied with gasoline and diesel fuel (DF). As of June 5, the stocks of automotive gasoline at oil refineries and oil bases reached 1.8 million tons, which is 2% higher than the level at the same time last year. This suggests that there ...

The oil products marketplace "Open Oil Market" plans to go public with an IPO in 2027 (according to the economic information agency "Prime"). The Russian oil products marketplace Open Oil Market has announced plans for an IPO. The company has already completed the pre-IPO phase and is actively preparing for the public offering. Open Oil Market promises to change the approach to fuel procurement, making the market more transparent and accessible ...