Yakov Mirkin believes ruble is overvalued

Over the last month the dollar has become more expensive by an average of 50 kopecks. On August 8, the exchange rate of the euro on the Moscow Stock Exchange rose to a historic level of 44 rubles. The Chairman of the Committee on Financial Markets and Credit Organizations of the Chamber of Commerce of the Russian Federation, Yakov Mirkin, spoke about what affects the ruble exchange rate. The analyst expects a gradual devaluation of the ruble. According to the expert, by the end of the year the US dollar will cost about 36-37 rubles.