In his opinion, there is a possibility that the ruble will further strengthen in the short term.
“All this rests on a number of factors, including how stable the process of buying hydrocarbons for rubles will be.
The longer this trend continues and the more rubles are bought, the more the ruble will strengthen,” Yudenkov added.
He also noted that the recent presidential decree on the application of retaliatory economic measures due to the unfriendly actions of "certain foreign states and international organizations" may affect the situation with the exchange rate.
“There is a presidential decree that it is impossible to supply goods to unfriendly countries.
Within two weeks, the government must decide, and then the situation may swing in the other direction, ”the source added to RT.
Earlier, TeleTrade chief analyst Mark Goykhman spoke about the prospects for the ruble exchange rate.