The Ministry of economic development predicted the ruble to the end of the year

© RIA Novosti / Alexei Sharecompat in fotoracconti nominal value of one ruble banknote one dollar. Archival photoThe Ministry of economic development predicted the ruble to the end of the year© RIA Novosti / Alexei Sharecompat the image Bank

The economic development Ministry expects the ruble exchange rate will return to a level 64 and 65 rubles to the dollar in October and December 2018, according to the forecast socially-economic development of the country until 2024.

«Fundamental determinants of the exchange rate of the ruble to foreign currencies (a significant positive current account surplus, stable public finances, economic growth) remained robust. In these circumstances, the Ministry of economic development expects the return of the ruble exchange rate to the levels 64 and 65 rubles to the dollar in October-December 2018», — stated in the text of the forecast.

Earlier, the head of the Ministry Maxim Oreshkin East economic forum said that the Ministry expects in the medium term, the exit of the dollar to the level of 63-64 of the ruble.

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