There is a stampede and queues in banks in many places in Russia, Russian media reports.

This is despite the Ministry of Economic Development saying that the dollar will not exceed 100 rubles until 2026. According to their forecasts, by the end of 2024, the American currency will be worth 98.1 rubles.

However, people in Russia are in a hurry from now on, just in case.

People are trying to buy new dollars. Some people need them to travel abroad, while others try to save their savings in this way, 72.ru reported.

„Everyone wants to buy dollars at 95-96 rubles, because there is a wave of discussions that after the election they will become even more expensive.

There are queues outside the banks.

Many branches offer old-style dollars, but few accept them.

That’s why there are queues for new dollars where they appear.

It seems that people are taking out completely different amounts in an attempt to save money,” one visitor to the bank told the editors.

Bank officials note that people have been trickling in for the past few days.

„They are waiting for a dollar for 300 rubles. But this is unrealistic. But who knows,“ commented bank employees.

Will the course really change?

Experts believe that there will be no changes in course immediately after the elections.

The devaluation will start slowly and accelerate by the summer.

„The exchange rate can change from the end of May to the beginning of June,“ says economist Georgi Ostapkovic.

“But if such a conspiracy is launched, the process will be smooth.

Independent financial analyst Konstantin Selyanin is of the same opinion.

But how much the dollar will jump depends mostly on the needs of the state.

„There will be a devaluation in the middle or second half of the year,“ noted Konstantin Selyanin.

– But what it will be is a problem for calculations. We have 100 dollars, but we need 15,000 rubles, then the exchange rate will be 150 per dollar, we need 20,000 rubles and it will be 200 dollars.

Elena Nikitina, manager of the branch of the Bank of Russia in the Tyumen region indicated where it is better to store money and what happens to the base rate.

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