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Bloomberg analysts on the rouble prospects in case sanctions are cancelled

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Bloomberg analysts on the rouble prospects in case sanctions are cancelled

With the reference to the majority of the experts’ poll, Bloomberg agency reports on the growth of the rouble by 5-10% in case the sanctions against Russia are cancelled.

According to the less probable scenario, the rouble growth against the dollar will make 1-5%. 41% of the agencysrespondents made such forecast.

Bank of America Corp. Economists think that the rouble will take an advantage of the sanctions’ cancel and will reach 55-57 roubles a dollar. The analysts of Societe Generale admit in their research, Bloomberg refers to, that the rouble rate will “surpass all expectations” and will be lower than 50 roubles a dollar. They also think that the Bank of Russia will start currency intervention then to adjust the risks for financial steadiness.

 

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