In an interview with the Prime agency, he noted that the trade balance was the determining factor for the ruble exchange rate.
Shulgin said that the change in oil and gas prices, as well as the sanctions restrictions imposed against Russia, allow assessing the dynamics of exports.
To assess the dynamics of imports, he recommended taking into account the data on trade balances of Russia's main partners.
“Here it is worth focusing on friendly countries that publish data on trade with Russia: China, Turkey, Kazakhstan, India,” Shulgin explained.
Earlier, BitRiver financial analyst Vladislav Antonov, in an interview with FAN, commented on the situation in the foreign exchange market.