HomeMediaLatest NewsThe dollar rate on the Moscow exchange fell to 55 rubles

The dollar rate on the Moscow exchange fell to 55 rubles

19 July 2022

Kondratiev Sergey V. Senior Expert

Sergey Kondratiev commented to the Internet portal Gazeta.ru on the consequences of the ruble strengthening.

As Sergey Kondratiev, Deputy Head of the Economic Department of the Institute for Energy and Finance, noted, one of the consequences of the strengthening of the national currency will be a decrease in the foreign exchange earnings of the commodity sector, depreciation of citizens' foreign exchange savings and difficulties with the formation of the federal budget.

Kondratiev Sergey V. Senior Expert
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