... of up to 12%. Therefore, if an individual plans to purchase real estate, their mortgage expenses may be justified by the long-term appreciation of the property, which compensates for interest costs. 3. The Desire to Lock in Rates for the Future Many Russians fear further increases in interest rates, as the Central Bank of Russia maintains a high key rate to combat inflation. According to the Bank of Russia, the key rate in November 2024 stands at 10%, with expectations that it may be raised. In such conditions, borrowers are keen to secure a mortgage to lock in ...

... companies use IPOs to strengthen their positions and develop new products, such as fintech solutions. What to Expect in 2025 Experts predict that 2025 may surpass 2024 in terms of the number of IPOs and the amount of funds raised. According to the Central Bank’s estimates, over 500 Russian companies are ready for listing. Factors driving the growth of the IPO market include: Easing monetary policy: A reduction in the key rate will make investments in stocks more attractive for large players. Deferred demand: Many companies postponed ...

... goods: Russia, as an exporter of oil and gas, is faced with the fact that when prices for these resources fall, the inflow of currency into the country decreases. As a result, the ruble exchange rate falls. Central Bank Policy: Sometimes the Central Bank may deliberately devalue the ruble to make domestic goods more competitive on the international market. How does devaluation affect the Russian economy? Rising import prices: When the ruble loses its value, imported goods become more expensive. This means that Russians spend more on foreign-made goods, such as cars, electronics, medicines, and even some food products. Higher cost of living ...

... steps can be taken to protect your savings. What Inflation Means in Simple Terms: Understanding and Its Impact on the Lives of Russians Inflation is the process of increasing the overall price level of goods and services. In simpler terms, it means that ... ... ruble, imported goods have become more expensive, intensifying inflationary pressure. Increase in the key rate by the Central Bank. To combat inflation, the Central Bank of Russia has raised the key rate to 13%, making loans more expensive to reduce consumer ...

... bubble, as measures have been implemented to curtail further growth. Why Is This Happening? High Interest Rates: The Central Bank raises the key interest rate, making borrowing more expensive. Nevertheless, a significant portion of companies continues ... ... maintain working capital and expand their businesses. In the context of sanctions and limited access to foreign financing, the Russian lending market remains one of the few pillars for companies. Inflationary Expectations: High inflation risks and rising ...