According to the analyst, the general situation on the market has not changed much lately.

So, against the background of growing exports, the supply of foreign currency in the country remains high, and the demand for it falls as imports decrease, the expert added.

“We see quite record data on exports, at the same time, there is still a problem with imports.

This imposes the structural problems that we see with the trade balance,” Manaenko explained.

In addition, as the specialist noted, the ruble is supported by the tax period.

At this time, exporting companies traditionally sell more foreign currency and buy rubles to pay taxes.

“At the end of the month, we see the traditional pressure on rates from exporters who, if not all, are selling some foreign exchange earnings on the stock exchange,” the source explained to RT.

According to him, in the near future, a change in dynamics is possible with the beginning of a new month.

“At this moment, there is some lull in the market and, perhaps, either stabilization or even a sharp rebound in rates upwards,” Manaenko concluded.

Earlier it became known that the dollar and euro are declining during trading on Wednesday, June 22.

As of 10:28 Moscow time, the dollar fell by 89 kopecks to 52.89 rubles.

The euro exchange rate fell by 1 ruble 21 kopecks to 55.06 rubles.