... 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 oil prices, inflation, interest rates, and the geopolitical situation. Experts give different estimates,...

... on foreign currencies. Positive Trade Balance A surplus of exports over imports ensures a stable inflow of currency into the country. Seasonal Factors At the beginning of the year, demand for foreign currency from importers traditionally decreases. Ruble Exchange Rate Forecast Experts believe that in the coming month, the dollar exchange rate will remain in the range of 100–105 rubles, which is attributed to stable oil prices and cooling import demand. This level of the exchange rate is comfortable for the budget,...

... context of global economic uncertainty and internal challenges, the Russian economy will continue to adapt, allowing it to avoid sharp declines in the national currency's exchange rate. Russian investors should consider potential fluctuations in the ruble's exchange rate and take measures to diversify their assets in order to minimize the impact of currency risks. After Donald Trump's inauguration, the Russian stock market may experience heightened volatility, as his policies and initial steps as president could ...

... dollar mark, demonstrating a significant weakening against major global currencies. What caused such a decline, what can we expect in 2025, and how will this impact the economy and the population — we analyze in this article. 2024 Year-End Summary: Ruble Exchange Rate Dynamics The ruble weakened amidst a range of internal and external factors. According to the Central Bank of Russia, the national currency ended the year with the following indicators: US Dollar Exchange Rate: +13.4% (ruble depreciation). Euro Exchange ...

... is developing the LNG direction: while the major contribution in 2025 remains modest for now, LNG sales in the global market could somewhat compensate for lost pipeline sales. Financial factors. Volatile items will still impact financial results. The ruble exchange rate remains a key risk: continued depreciation may, on one hand, increase ruble revenues (a plus for operating profit), but on the other, could again incite substantial exchange losses on loans (a minus for other expenses). The balance of these effects ...