... to support businesses and the population. This makes loans more accessible and helps to restore the economy faster. How often does the key rate change? The Central Bank reviews the key rate regularly, depending on the current economic situation. In Russia, such meetings are usually held several times a year, but in conditions of economic instability, changes can occur more often. At each meeting, experts assess the state of the economy, the level of inflation, employment and other factors to decide whether to raise, lower or maintain the rate. My position as the founder of Open Oil Market For businesses, especially for companies engaged in commodity markets, like Open Oil Market, the key rate affects ...

... the export sector. Increased debt burden: For companies and the government that have debts in foreign currency, devaluation can be a problem. They have to pay more rubles to cover debts in dollars or euros. Current situation with devaluation in Russia In 2024, Russia faced a number of factors that contributed to the weakening of the ruble. These factors included sanctions that limited access to international markets, high inflation, and a budget deficit. In response, the Central Bank raised the key rate to stabilize the ruble and reduce inflationary pressure. Difficulties for the population: The devaluation of the ruble affects the cost of living and makes imported goods,...

... events impact global markets? This article examines the ECB’s rate decision, U.S. inflation and labor market data, and the EIA natural gas inventory report. We also delve... ... technology and retail sectors. Explore how these developments could shape financial markets in Europe, the U.S., and beyond, with actionable insights for investors. Thursday... ... December 12, 2024: Analysis of Key Events and Reports Macroeconomic Events 16:00 (MSK): Russia – Trade Balance for October Russia’s trade balance will reveal the difference...

In the Fall, Retail Gasoline Prices in Russia Rise at the Fastest Pace of the Year — An Analysis of the Reasons. A Column by Sergey Tereshkin for RBC. In the fall of 2024, prices for gasoline and diesel fuel in Russia are increasing due to several factors. The primary reasons include a rise in global oil prices, seasonal demand fluctuations, maintenance at oil refineries, and restrictive measures on fuel exports. Inflation and changes in fuel market regulations are also playing a role. Experts predict that prices may stabilize as seasonal factors subside The Moscow Fuel Association (MTA) reported that last week, retail gasoline prices at gas stations in the capital ...

... in emerging markets, including Russia. Recommendations: Investors should watch for any decisions on energy as they may impact Russia’s oil and gas exports. Positive comments on global stability could strengthen emerging-market currencies and support ... ... uncertainty. Bank of Japan Governor: May outline economic stimulus plans for Japan amid yen weakness. Kent (Australia): Comments on inflation and economic resilience in Australia could influence the Australian dollar. Christine Lagarde (ECB) and ECB Representatives: The ECB President is expected ...