To what value will reach the ruble in the coming days

World markets quite calmly reacted to the first signals about the extent of the failure of the American economy in the form of statistics on the labor market (the number of applications for unemployment benefits rose sharply for the week to 3.3 million cases), says principal analyst “BCS Premier” Anton Pokatovich. In his opinion, the risks of renewed downturn in the markets remain at elevated levels, the extent of the global recession may be included in the value of assets is not full.

Photo: iStock the Ruble has passed a peak incidence: up To what point he strengthened

the Slowdown in business activity and deterioration of unemployment rates clearly hit the global economy before we manifest the effectiveness of support measures is bound to affect the behavior of the ruble, stressed the head of analytical Department of Bank “Zenith” Vladimir Evstifeev.

Declared a forced “vacation” in Russia fuels negative expectations for the economy in the second quarter of 2020, says analyst. “Now replace the negative expectations on the oil market added exclusively local responses to the epidemic. And, despite the fact that the ruble looks relatively stable now, it does not guarantee the preservation of such behaviors in the future,” said Evstifeev.

According to the forecast of Pokatovich, this week the ruble exchange rate will be formed in the range of 78 to 82 rubles per dollar. With a further decline in oil prices below $ 25 per barrel, pressure on the ruble will increase, he adds.