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Sberbank predicts Bank of Russia rate hike and further ruble rally

Schedule ruble to dollar at intervals of 60 minutes

Sber CIB analysts draw attention to the improvement in the geopolitical background, which will continue to support the ruble. An additional positive factor for the ruble will be the expected increase in the key rate of the Bank of Russia. As a result, the ruble may rise in price to 75 rubles / $ 1, predicts in Sberbank.

Oil grade price Brent, having overcome the $ 65.5 mark per barrel, is heading to the $ 66 level. If the indexes of business activity (PMI) published during the day in developed countries are optimistic (especially in the US), then oil will rise in price to $ 66.5 per barrel, experts of Sber CIB are sure. However, in their opinion, if the stock markets continue to decline, the growth of oil prices will also slow down.

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