The expert spoke about the ruble exchange rate for the New Year

Financier Kuzin: in December 2021 there are no prerequisites for the ruble to fall … Mikhail Kuzin, the investment director of BCS World of Investments, said this in an interview with the Prime agency.

As the financier said, the breakdown of dependence occurred about four years ago. This is noticeable in the situation in 2018, when, despite the drop in oil prices, the ruble remained stable. As Kuzin noted, there are no prerequisites for unpleasant changes in December this year in Russia.

The expert believes that only such serious shocks as a pandemic or a fall in oil futures prices below zero can lead to a fall in the exchange rate. >

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