Analyst Antonov predicted the dollar exchange rate at 91-92 rubles. Markets are still pricing in about a "60% chance that the Fed will cut interest rates at its June meeting," he said.
Earlier, Russian President Vladimir Putin said that inflation in Russia was declining; in the first two weeks of March it went to zero. The analyst believes that on “Thursday the dollar strengthened sharply in the American session after the publication of data on manufacturing inflation in the United States”