“The dollar, having rebounded from the level of 54.5 rubles, began to grow.
If the dollar reaches 58 rubles today or on Monday and consolidates above this level, it will be able to grow first to 60 rubles in a fairly short time, and if this level is broken up, then to 61-62 rubles, ”the expert believes.
She added that if the dollar does not consolidate above 58 rubles, then it “will fall to at least 56 rubles.”
"Much will depend on today's decision of the Bank of Russia on the key rate," Milchakova said.
According to her, next week the decision on interest rates will be announced by the US Federal Reserve.
“The more interest rates are raised in the United States (no one doubts their increase), the more significantly the dollar will be able to strengthen against world reserve currencies and currencies of developing countries,” the RT interlocutor concluded.
Earlier, economist and financial analyst Alexander Razuvaev predicted the dynamics of the ruble exchange rate in August.