Some experts believe that the Russian ruble has scope for a rise and anticipate that it will strengthen if Western sanctions are lifted partially or fully. Thus, Bloomberg estimated the extent of possible ruble’s appreciation in case sanctions are removed.

Bloomberg expects the Russian currency to add nearly 10% if the new US presidential administration decides to drop the sanctions imposed on Russia. Nevertheless, this issue has not been brought up yet, and the White House said that it is premature to talk about this. Still, Bloomberg experts attempted to forecast how the Russian ruble would react to a sudden change of Trump’s opinion. The agency conducted a survey among 27 analysts, asking what the ruble exchange rate would be after Washington lifts sanctions. According to the results, most analysts anticipate that the ruble will surge by 5-10%, while a minority of respondents said that the Russian currency would add 1-5%. In other words, removal of sanctions in full can lead to a dollar’s fall below the 50 mark.