“Such fluctuations that we are witnessing today, in my opinion, have one explanation - the influence of conjunctural factors, which lead to high volatility of the national currency in relation to foreign currencies.
These are factors that are more speculative in nature and are a reaction to general political events, ”explained the economist.
In his opinion, another important factor influencing the foreign exchange market is the situation with the coronavirus.
“This situation of uncertainty is also superimposed in connection with the pandemic, with the increase in the incidence of the country, which also provokes a certain picture.
I do not exclude that by the end of the year the ruble will not only stabilize, but may strengthen to the level of summer parameters, ”explained Tverdokhleb.
During trading on September 28, the euro rate exceeded 92 rubles for the first time since January 2016.