According to the expert, speculative mood plays a significant role in the situation.

“Speculative actions of players who play against the ruble and, apparently, they have unspoken, but still coordinated unidirectional actions, since they equally feel the situation ... Here, psychological factors are already connected to the speculators,” Belyaev noted.

The economist expressed hope that there would be no stock market panic, and speculative and psychological factors, as the analyst emphasized, “cannot operate in the economic fabric for a long time”.

“The end of this growth of the euro against the ruble in this case - the limits, in my opinion, they are already close.

Even if they are not close, they have already been achieved.

Growth should stop, I think, the Central Bank should turn on here, and then we will see a correction of the ruble against a pair of currencies, ”concluded Belyaev. 

Earlier it was reported that the euro rate on the Moscow Exchange exceeded 93 rubles. 

As of 10:11, the euro has grown by 83 kopecks - up to 93.10 rubles.