The dollar exchange rate may rise to 133 rubles by 2042

The US dollar exchange rate may rise to more than 133 rubles over the next 17 years. This is stated in the materials of the official Budget forecast of Russia until 2042, which were reviewed by TASS.

In 2026, the average annual dollar exchange rate is projected at 92.2 rubles, in 2030 — 104.9 rubles, in 2036 — 118 rubles, and in 2042 — 133.1 rubles.

As Natalia Vashchelyuk, senior analyst at First Management Company, explained, long—term exchange rate forecasts are often based on the difference in inflation and interest rates expected in Russia and trading partner countries.

Mikhail Zeltser, an expert on the stock market at BCS World Investments, noted that the ruble's weakening by 66% by 2042 (about 4% on average per year) corresponds to the authorities' long-term inflation targets, which explains the expected course.

"However, forecasts can change based on the volatile external and internal environment. Especially such long-term ones. For example, only a few predicted the current exchange rate and the collapse of the dollar by 25% at the beginning of 2025," the expert emphasized.

The news is being updated