The warming of relations between the US and Russia has led to “hysteria” on the Russian stock market, but has brought down oil prices, financial markets expert Dmitry Golubovsky told NSN.
The market continues to actively react to the telephone conversation between Trump and Putin, as well as to their possible meeting in Saudi Arabia. Thus, the dollar continues to fall on the stock exchange and is trading at 89.5 rubles on the morning of February 13. Against this background, shares of the largest domestic companies soared by 5-8%. The Moscow Exchange Index rose by 5.7% in 24 hours, reaching the values of July 2024. Record trading volumes are observed. Golubovsky told how Trump influenced the markets.
The fair dollar exchange rate will move to the range of 105-110 rubles by the end of the year, Trump’s policy in the short term will affect this only indirectly