Market News
Russian rouble seen around 100 per US dollar in early 2025 - Reuters poll
By Elena Fabrichnaya and Gleb Bryanski
Summary
- Russian central bank seen keeping rates on hold for most of 2025
- Inflation forecast to fall to 6.6% by end of 2025
- Central bank may cut key interest rate to 18% in Q4 2025
MOSCOW, Dec 27 (Reuters) - The Russian rouble is expected to keep changing hands for around 100 per U.S. dollar at the start of 2025 and gradually weaken to 108 towards the end of the year, a Reuters poll of 10 economists showed on Friday.
The rouble fell to its lowest level in about 2-1/2 years in November as the U.S. imposed new financial sanctions on Russia, but it has regained some ground since then after the central bank intervened to support it.