“It would be wrong to link such a possibility with the expected further reduction of the key rate of the Central Bank of the Russian Federation,” he explained to the Prime agency.

According to the expert, this works with unlimited access for foreign investors to the financial market and with a free opportunity to withdraw funds, but this is not currently the case in Russia.

Manzhos noted that high hydrocarbon prices or weak imports could now support the ruble exchange rate, and the introduction of a new budget rule would reverse the situation.

According to the risk manager, in the next few weeks the dollar will cost between 55-68 rubles.

Natalya Milchakova, a leading analyst at Freedom Finance Investment Company, previously predicted the dynamics of the ruble exchange rate until the end of summer.

She suggested that by the end of the summer we should expect 60-64 rubles per dollar at the dollar rate, and 61-65 rubles per euro at the euro rate.