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How Dollar Performs This Week

How Dollar Performs This Week

Analysts' predictions.

The currency markets of Russia and Belarus predictably reacted to the decision of the Russian government with the fall of major currencies. The dollar on the Russian market currently fell to 96.6664 Br, writes myfin.by. In the Belarusian trading session on Thursday, the dollar fell by 6.04 kopecks and lost 2.09% during the trading session. On Friday, however, the exchange rate was minimally adjusted and the dollar closed the week at the rate of 3.2954. Following the week's results, the Dollar fell by 1.94%, while its growth since the beginning of the year remains at 20.43%.

This week, the publication predicts that the dollar rate is likely to fluctuate moderately around the current values of 3.3 rubles per dollar. The euro exchange rate is ready to weaken on the currency market and may fall to 3.45 rubles. The Russian ruble has a chance to strengthen minimally and reach 3.4 rubles per 100 Russian rubles.

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