As Loboda stressed, the abolition of the budget rule and the extremely low demand for foreign currency are "weighty factors" supporting the ruble.
“A positive balance of payments and ultra-comfortable prices for Russian exports provide strong support for the extension of the ruble strengthening period.
However, a new reduction in the interest rate of the Central Bank on June 10 to 10% may put pressure on the ruble,” the expert explained.
The analyst suggested that the dollar next week will be in the range of 60.50-63.50 rubles, and the euro will trade at 62.5-66.5.
Earlier it became known that the Central Bank of Russia plans to keep the current restrictions on the purchase of cash currency until September.