“After the introduction of the ceiling for Russian oil prices from December 5, the ruble is under strong pressure,” explained a senior analyst at AlfaStrakhovanie-Life.
In his opinion, as long as the discount of Urals to Brent is growing, and until the situation on the oil market has balanced, the most likely will be a further increase in the dollar against the ruble - up to 65 rubles by the end of next week.
“On the other hand, I would not rule out a local strengthening of the ruble against the backdrop of its rather sharp fall over the past week and a half.
Support may be provided by an increase in the price of Brent if the market begins to win back the factor of easing China's policy to combat coronavirus, ”concluded the interlocutor of RT.
Earlier it became known that the decree of Russian President Vladimir Putin on retaliatory measures to the ceiling of prices for Russian oil is expected this week.