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Euro exchange rate for October 2020 by days
Euro exchange rate for October 2020 by days
Video: Euro exchange rate for October 2020 by days
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To form a forecast for the euro exchange rate for October 2020, you need to conduct an extended analysis of the financial situation. In conditions of instability, it is impossible to give an exact scenario of the ratio of currencies, therefore the experts of the Central Bank of the Russian Federation give a table by day with tentative data.

Dynamics of the exchange rate of the European currency against the ruble

Exchange rates are always unstable, because they reflect various factors, events, parameters and processes.

The quotes of the European currency against the ruble are influenced by the political and economic situation in the world community. Experts have formed a tentative forecast.

date

Behavior

Indicator at the beginning of the day

End of day indicator

01.10.2020

the rise

76, 41

80, 54

02.10.2020

the rise

77, 48

78, 25

03.10.2020

without changes

78, 25

78, 25

04.10.2020

without changes

78, 25

78, 25

05.10.2020

the rise

80, 62

81, 64

06.10.2020

the rise

81, 64

82, 05

07.10.2020

the rise

82, 05

83, 03

08.10.2020

the rise

83, 03

83, 79

09.10.2020

decline

83, 79

79, 88

10.10.2020

without changes

79, 88

79, 88

11.10.2020

without changes

79, 88

79, 88

12.10.2020

decline

77, 38

74, 38

13.10.2020

decline

74, 88

71, 18

14.10.2020

decline

71, 18

70, 31

15.10.2020

decline

70, 31

70, 09

16.10.2020

decline

70, 09

69, 25

17.10.2020

without changes

69, 25

69, 25

18.10.2020

without changes

69, 25

69, 25

19.10.2020

the rise

68, 16

69, 01

20.10.2020

the rise

69, 01

69, 44

21.10.2020

the rise

69, 44

70, 09

22.10.2020

the rise

70, 09

70, 53

23.10.2020

the rise

70, 53

72, 27

24.10.2020

without changes

72, 27

72, 27

25.10.2020

without changes

72, 27

72, 27

26.10.2020

the rise

75, 96

79, 75

27.10.2020

the rise

79, 75

80, 27

28.10.2020

the rise

80, 27

83, 79

29.10.2020

the rise

83, 79

84, 51

30.10.2020

decline

84, 51

83, 35

31.10.2020

without changes

83, 35

83, 35

The presented parameters of the euro were formed in accordance with the factors and events that were collected by analysts. At the beginning of the reporting period, the data may be adjusted to reflect changes in circumstances affecting quotations.

Expert opinions

Analysts have suggested how the euro might behave in October this year:

  1. According to Sberbank specialists, the minimum indicator for the European currency will be 73.8 rubles, and the maximum - 90.3.
  2. APECON experts predict that the minimum euro will be 84, 2 rubles, and the maximum figure - 87, 4 rubles. On average, the euro will be equal to 86 rubles.
  3. According to the portal Moneyruss.com, the October figure for the euro will fluctuate between 86.9 and 106.2 rubles.
  4. VTB experts say that the European currency will weaken and in the second half of autumn it will reach 67-70 rubles.
  5. According to Gazprombank analysts, in the second half of 2020 the euro will decline and reach 65-67 rubles.
  6. The Rosselkhozbank believes that in the second half of the year the euro will start to gradually and slowly decline, and the ruble will not rise in price sharply.

Why a long-term forecast cannot be made

Financial market analysts believe that in the current situation it is impossible to predict the long-term scenario of the euro's behavior. The exchange rates can be influenced by various circumstances from the external environment.

Experts say that in the near future the Russian ruble will weaken, but will not reach a critical level. The euro / ruble currency pair most of all attracts foreign investors. This is due to the fact that the situation within the Eurozone is stabilizing. And this will have a beneficial effect on the economy of the Russian Federation.

Representatives of the world financial and economic community believe that soon investors will pay attention to the Russian ruble. The reason for this will be the decline in yields on European bonds.

The forecast for the euro exchange rate for October 2020 will be influenced not only by events in the external environment, but also by other factors. The table by day is tentative and may change in accordance with the price of oil, the policy of the Central Bank of the Russian Federation, indicators of GDP and inflation, the purchasing power of citizens and other factors.

Summarize

  1. Exchange rates cannot be accurately predicted, so the experts provide hypothetical scenarios. Under the influence of external and internal factors, the euro can both rise and fall against the Russian ruble.
  2. According to analysts, in early October the European currency will reach 76 rubles, and by the end of the month - 83 rubles.
  3. During October, the minimum forecast figure is 68.16 rubles, and the maximum is 83.79 rubles.

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