"In the second half of August, there was a noticeable weakening of the ruble (in early September, the ruble to the US dollar was about 8% higher than in early August). In these circumstances, the Ministry of Economic Development of Russia revised the forecast of the ruble / dollar rate for the period until the end of 2018 and the first half of 2019 in the direction of weakening, "the report says.
The department noted that the forecast for the ruble exchange rate for 2020-2024 did not change, since, according to their data, the fundamental conditions for the functioning of the Russian economy in the medium and long term will not change significantly.
Earlier it was reported that the Ministry of Economic Development predicts the average exchange rate of the US dollar in 2018 at the level of 60 rubles.
Independent financial expert Anton Shabanov in an interview with Nation News assessed the situation on the Russian financial markets.