The ruble will strengthen in the next six months?

According to some analysts and experts, the ruble will gradually recover from the deepest decline since September 2009 and the dollar strengthened further by 6-7% over the next six weeks ahead so the currencies of other BRIC countries - India's rupee, Brazilian Real and Chinese Yuan. According to forecasts of a number of banking analysts surveyed by Bloomberg, the ruble may strengthen to 30.45 rubles per dollar by the end of 2011. Note that only for the third quarter of this year, the ruble fell against the dollar by 13% - the maximum value from the first quarter of 2009. This decline was due to lower oil prices because of the debt crisis in the European Union. The current strengthening of the ruble is also explained by the high prices of exported goods from Russia and conducted by the intervention of the CBR.