"40 Rubles per Dollar": Aksakov Promises Russians a Favorable Rate

03:30
The reliability of the US dollar is in question. The US is increasing currency issuance, while global factors like the world economy and geopolitics are intensifying pressure on it.

Chairman of the State Duma Committee on the Financial Market Anatoly Aksakov forecasts further weakening of the dollar amid growing discreteness of the world system. BRICS countries are actively switching to settlements in national currencies: as of the end of 2025, the share of such operations in trade between participants reached 65%, and for Russia with partners — up to 90% in rubles and yuan. The Russian Ministry of Finance is developing the BRICS Bridge platform for direct cross-border transactions, including digital currencies like the digital ruble, to minimize dependence on Western systems.

"Due to shocks, the world economy is moving toward the dollar losing its positions. There are forecasts of the ruble strengthening to 40 rubles per dollar," the deputy noted in an interview with Parliamentary Newspaper.

The current Central Bank of Russia dollar rate as of February 2, 2026, is 75.73 rubles, with fluctuations of 75–77 rubles and a 3.19% decline since the beginning of the year. Experts like Sber's senior manager Zagvozdina allow for 40–50 rubles per dollar in an optimistic stabilization scenario.

The Bank of Russia and the government are pursuing a balanced policy without weakening the ruble: the Ministry of Finance's sales of currency and gold support stability. Such a rate is beneficial for Russians — imports and foreign trips become cheaper. Anatoly Aksakov emphasizes challenges for exporters but sees this as a global trend of crisis in the West. This is reported by IA DEITA.

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