“So far, for the national currency, external and internal factors have changed little, and therefore it is not worth expecting the dollar to leave the range of 60-61 rubles per unit.

Currently and until the end of November, the ruble is supported by the tax period: exporting companies sell foreign exchange earnings to pay taxes and excises to the budget.

In addition, oil quotes are stable and there are no factors for their sharp decline, which could weaken the ruble,” the specialist explained.

There are also no specifics on further sanctions from the West and the decision on the price ceiling for raw materials from Russia, the expert recalled.

“If it is announced next week, the ruble may come under pressure (if the price ceiling is set below $60 per barrel).

If this cut-off is higher ($65-70 per barrel), this will be an expected decision and is unlikely to affect the national currency rate, ”RT said. 

According to him, it is expected that by the end of the month the dollar will remain within the limits of 60-61 rubles per unit, the euro - at the level of 62-63.5 rubles.

Earlier it was reported that the EU ambassadors have not yet been able to develop a unified position on setting the marginal cost of Russian oil.