The ruble is strengthening: the dollar is trading below 94 rubles on February 12.

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The ruble is strengthening: the dollar is trading below 94 rubles on February 12.
12th of February. /MEDIA TALK/. The dollar exchange rate on the Forex market has dropped below 94 rubles, reaching its lowest levels in recent months.

At 12.30 Moscow time, the US currency on the interbank market is worth 93.85, losing almost 3% per day. The decline began on February 5, when the exchange rate for the first time in almost 3 months steadily dropped below 100 rubles.


Photo: ru.freepik.com

According to experts, this dynamic is due to a number of factors. Firstly, the strengthening of the ruble is associated with rising oil prices, which remains a key source of foreign exchange earnings for Russia. Secondly, a decrease in demand for the dollar from importers related to the seasonal factor and an improvement in the country's macroeconomic indicators supported the ruble.

Experts note that the further dynamics of the exchange rate will depend on changes in the key rate of the Central Bank of the Russian Federation, the level of inflation and external economic factors, including oil prices and sanctions pressure. In the near future, the ruble may maintain its position, but the risks of volatility remain.
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