Russian Economic Development Ministry issues improved forecast for rouble rate in 2022

26.09.2022

Russia’s Economic Development Ministry has adjusted its forecast on the ruble rate towards its strengthening. In 2022, the dollar’s annual average value is expected to be at 68.1 rubles/USD. In 2023, the authorities expect the national currency to weaken to 68.3 rouble/USD, in 2024 to 70.9 rouble/USD, and in 2025,...