The value of the dollar could fall to 30 rubles per unit if Russia continues to reduce the volume of transactions in this currency, said Cresco Finance asset manager Stepan Sumin.
“The fewer operations the state will carry out with the dollar and the euro, the faster the depreciation of the importance of these currencies for our economy will occur. The process of de-dollarization of the world economy has long been launched. The number of transactions with dollars in the world over the decade has decreased from 71% to 53%,” he said.
The euro will drop to 50 rubles, and the dollar to 40 rubles, when their role in the global economy is greatly reduced, believes Vladimir Chernov, an analyst at Freedom Finance Bank. According to him, today there are already prerequisites for such a development of events. In particular, many countries have begun to settle transactions in national currencies.
“In 2022, such a dollar exchange rate will suit our government at a Urals price of $79.67, taking into account the discount. In this case, a barrel of Brent should cost about $110,” the expert is sure.
