Experts expect the ruble exchange rate to reach 80 rubles./$ by the end of summer due to Trump's tariffs
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- Experts expect the ruble exchange rate to reach 80 rubles./$ by the end of summer due to Trump's tariffs
The selective approach of US President Donald Trump to tariff policy will lead to the dollar-ruble exchange rate being on the order of 80-85 rubles/$, experts interviewed by Izvestia believe. And in the absence of any external shocks, the "American" can trade cheaper — about 75-80 rubles / $.
The dollar exchange rate is affected by the out-of-control US budget deficit and the growth of the national debt, which has already exceeded $ 37 trillion. The economic unpredictability of the White House and protectionist rhetoric are increasing pressure on debt securities, leading to higher interest rates and exacerbating financial instability. This undermines confidence in the "American dollar" as the world's reserve currency and may lead to its weakening, said Alexander Firanchuk, a researcher at the International Laboratory for Foreign Trade Research at the Presidential Academy.
"The swings in Trump's policy are unfavorable for the dollar exchange rate. The DXY index against a basket of world currencies has not been able to return to the level of 100 points for more than a month. If the duties had really come into force, the currency would have strengthened — this would have been a signal of the strength of the policy of the American president and the United States as a whole," said Natalia Milchakova, a leading analyst at Freedom Finance Global.
In addition, Trump is shifting the main burden to less economically valuable U.S. partners in order to save space for more delicate work with key countries, said Adam Abdulatipov, senior analyst at BCS World Investments. The White House is acting more cautiously with more significant partners.
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