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Morgan Stanley Changed the Ruble Forecast
25.01.2016 21:05
Morgan Stanley Changed the Ruble Forecast

The American bank Morgan Stanley has changed the ruble forecast for the years 2016-2017 dramatically for the worse. This is mentioned by Rambler News Service with a link to the company’s review. The bank analysts say that the ruble is still very dependent on the price of oil. They expect that oil price will continue to drop and so will the Russian currency.

      According to Morgan Stanley’s forecast in the first quarter of 2016 dollar will cost 82 rubles (before it said that it will cost 67,3), in the second – 83 rubles (67,8 previously), in the third – 85 rubles (68.5) and in the fourth – 87 rubles (69). In the four quarters of 2017 the estimate is 85, 80, 78 and 76 respectively. In the previous forecast it was said that the American currency will cost 69 rubles.


Author: Anna Dorozhkina


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