In a commentary to the Prime agency, he noted that the currency is supported by the sale of foreign exchange earnings by exporters, and its size is influenced by oil prices.

“It is expected that within the framework of OPEC + a decision will be made to reduce oil production quotas in order to support current oil prices,” the analyst said.

He also recalled that Russia does not intend to supply raw materials to countries that will support the introduction of "ceiling" fuel prices.

According to Antonov, against this background, the price of oil could rise to $150 per barrel.

In addition, the meeting of the US Federal Reserve on December 14 will also have an impact.

Doctor of Economics, Professor, Acting

Head of the Department of World Economy and International Economic Relations of the State University of Management Yevgeny Smirnov previously predicted the dollar exchange rate in the region of 70-75 rubles in 2023.