“However, it is unlikely that we will see the dollar even below 70 rubles, since expensive raw materials slow down the growth of the global economy, which in the end will hit raw material demand, causing a drop in prices for raw materials,” Babin said in an interview with the Prime agency.

According to his forecasts, with the improvement of the geopolitical situation, the ruble exchange rate may return to the range of 72-76 per dollar.

Earlier, an economist, teacher at the RANEPA Vladislav Ginko, in an interview with RT, commented on the situation in the foreign exchange market.

Financial analyst Alexander Egorov, in an interview with the FBA "Economy Today" commented on the dynamics of the euro and dollar.