Fitch has maintained the Outlook for most exchange rates and oil prices

Fitch сохранило прогнозы для большинства курсов валют и нефтяных цен

International rating Agency Fitch Ratings still expects the average price of Brent crude oil by the end of 2020 at $35 per barrel, according to a Global economic forecast (Global Economic Outlook, GEO).

Next year is expected to increase to $45 per barrel in 2022 to $53 per barrel. The average level for last year was $64,1 per bbl for 2015-2019 – $57,7 per barrel.

According to analysts of Agency, the course of Japanese national currency at the end of the current year will be around 107 yen/$1, and in the next two years will be 109 yen/$1. In 2019 he was equal 109,1 yen.

Forecast for the Chinese currency at the end of the current year remained at the level of 7.1 yuan/$1, and at the end of 2021 7.2 yuan/$1. In 2022 it is expected to 7.4 yuan/$1. Last year the average rate was equal to 6.99 yuan.

The rating for the pound, analysts kept at the level of $1.2 this year and next. They also gave a new forecast that by the end of 2022 would also generate $1.2. Last year the British currency was worth an average of $1,31.

The single European currency in the next 3 years will be worth € 0.9/$1, expect the experts of the Agency. In 2019, the rate was 0.89 euros. In the may GEO it was assumed that the single currency will cost € 0.92/$1 in 2020-2021 years.

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