Deposits will become more profitable and attractive to investors as a result of raising the key rate to 18 percent.
Elena Gutyro bank deposits key rate of the Central Bank increase News of Russia Economy 28 July 2024The Central Bank of Russia increased the key rate from 16% to 18% per annum.
Elena Gutyro key rate of the Central Bank inflation in Russia News of Russia Economy 26 July 2024People continue to take out loans at high rates for everything and will not stop doing so when rates rise.
Elena Gutyro loans key rate inflation in Russia News of Russia Economy 23 July 2024During the first half of the year, the volume of cash in the hands of Russians fell sharply due to the influx of funds into deposits.
Elena Gutyro cash money deposits interest rate Economy 12 July 2024The Bank of Russia's increase in the key rate in July will not have a significant impact on market lending.
Elena Gutyro key rate lending Russia News of Russia Economy 5 July 2024Central Bank head Elvira Nabiullina allowed for a significant increase in the rate in July.
Elena Gutyro key rate Elvira Nabiullina bank Economy 4 July 2024