In case of default, the dollar exchange rate will be 150-220 rubles
Posted: Mon Feb 17, 2025 7:20 am
Economist Rurik is also confident that there are no prerequisites for a default in 2025. Even if the price of oil falls to $60 per barrel, which will worsen the budget situation, a default is still unlikely in the short term. The only question remains how the government will cover its expenses: either through loans or by raising taxes, the expert adds.
"Despite the need to revise economic policy, the current situation does not foreshadow a collapse. And although, according to economists, high inflation should be expected in the coming year, reaching 20-25%, which is associated with ineffective budget expenditures and insufficient real income, a default in 2025 seems unlikely. Although it should be noted that improving the economic situation requires a revision of state policy and more effective management of economic resources," Rurik expresses his opinion.
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It is almost impossible to predict a default, it always happens cyprus mobile database unexpectedly, says investor and financier Alexander Kuznetsov. After all, technically it can happen due to many reasons, and we are really subject to many factors that influence the probability of its occurrence. Take, for example, real inflation, depreciation of the national currency and low prices for energy resources, the financier lists the negative factors.
"In case of default, if it does happen, we may see the dollar at 150 rubles. And this is the minimum value. The range, depending on the consequences, may be 150-220 rubles for the American currency. But, given the work of the Central Bank and its constant monitoring of the general economic situation, we will not see such exchange rates any time soon," Kuznetsov believes.
“If a default had occurred, the ruble would, of course, have collapsed; it would have been a shocking situation,” Milchakova points out.
"Despite the need to revise economic policy, the current situation does not foreshadow a collapse. And although, according to economists, high inflation should be expected in the coming year, reaching 20-25%, which is associated with ineffective budget expenditures and insufficient real income, a default in 2025 seems unlikely. Although it should be noted that improving the economic situation requires a revision of state policy and more effective management of economic resources," Rurik expresses his opinion.
Photo - © Adobe Stock
It is almost impossible to predict a default, it always happens cyprus mobile database unexpectedly, says investor and financier Alexander Kuznetsov. After all, technically it can happen due to many reasons, and we are really subject to many factors that influence the probability of its occurrence. Take, for example, real inflation, depreciation of the national currency and low prices for energy resources, the financier lists the negative factors.
"In case of default, if it does happen, we may see the dollar at 150 rubles. And this is the minimum value. The range, depending on the consequences, may be 150-220 rubles for the American currency. But, given the work of the Central Bank and its constant monitoring of the general economic situation, we will not see such exchange rates any time soon," Kuznetsov believes.
“If a default had occurred, the ruble would, of course, have collapsed; it would have been a shocking situation,” Milchakova points out.