... accessible option, but it is also the least profitable. Often, the interest earned does not even cover the depreciation of the national currency, making it difficult to talk about profit at all. Moreover, the shorter the deposit term, the lower the interest rate. Financial institutions are generally not incentivized to take funds for just 30 days, as they are oriented towards long-term utilization. For clients, this always poses a risk. There are no guarantees that the bank will still be in operation at ...

... Decision, OPEC Report, WASDE Report, EIA and API Forecasts, and Corporate Results from the U.S., Europe, Asia, and Russia Introduction Tuesday presents a busy agenda for the markets: in Asia, attention is focused on the Reserve Bank of Australia’s interest rate decision; in Europe, the UK unemployment rate and the ZEW economic expectations index for Germany are in the spotlight; meanwhile, the publication of the July CPI in the U.S. will be a key driver for global risk assets. The energy sector anticipates ...

... currency in summer and persistent geopolitical risks that heighten interest in savings in stable currencies. At the same time, the ruble is supported by high oil prices, Ministry of Finance currency sales under the budget rule, as well as the elevated key interest rate set by the Bank of Russia (18% annually), which makes ruble-denominated assets attractive. The balance of these factors indicates that sharp fluctuations in the currency market are not anticipated: the ruble is likely to continue moving within the ...

... access to international financial markets. Decline in Export Revenues Falling global prices for oil and gas, along with a reduction in their export, diminished the inflow of foreign currency into Russia. Monetary Policy The Central Bank maintains the key interest rate at 21%, which curtails economic activity but does not stop capital outflows. Increase in Imports The gradual recovery of demand for imported goods increased the need for foreign currency, putting additional pressure on the ruble. Forecasts for 2025 ...

... rising construction and land costs. Main Reasons for the Increase in Loan Amounts Preferential Mortgage Programs: Government initiatives have become the key driver of the market. Rural Mortgage: A program offering loans up to 12 million rubles at an interest rate of 3% per annum. In 2024, demand for this program increased by 122%, indicating its popularity among residents of rural and suburban areas. Family Mortgage: Its share increased from 43% in 2023 to 52% in 2024, underscoring the program's importance ...