Ruble to fall to 85 rubles per dollar, ING Bank reports

The economist on Russia and Kazakhstan of the Dutch financial conglomerate ING Bank, Dmitry Polevoy, stated that the prices of Brent oil will decrease to 25-30 dollars per barrel.

According to him, during the implementation of the risk scenario, under which the cost of a barrel of Brent amounts to 25-30 dollars per barrel, the dollar/ruble pair will test the level of 80-85 rubles per dollar in the coming weeks.

The analyst expressed confidence that the Central Bank has the tools to prevent a rocketing collapse of the ruble, gazeta.ru writes.