... significantly positive. This buffer will continue to cool the economy and prevent price surges. The Bank of Russia intends to balance between stimulating growth and controlling inflation. If pro-inflation risks resurge – for instance, due to a sharper depreciation of the ruble or increased budget expenditure – the regulator may slow down or pause the easing cycle. For now, the easing is proceeding methodically. The next Board meeting of the Central Bank is scheduled for fall, and investors will closely monitor new data....

... under pressure, and market participants are pricing in the possibility of further depreciation. Emerging market currencies had a less fortunate week. Amid dollar strengthening and declining interest rates within certain countries, some EM currencies depreciated. The Russian ruble faced moderate pressure following the Central Bank of Russia's decision to cut rates. The official dollar exchange rate set by the Bank of Russia for the weekend rose to approximately 79.5 ₽ (up from ~78.9 ₽ the previous week). The decline in ...

... gold, and accumulation strategies. Where to Invest One Million Rubles: Long-Term Investments In today's unstable economy and rising inflation, prudent capital allocation becomes essential for preserving and multiplying savings. Investing 1 million rubles with a long-term horizon (10+ years) allows for protecting funds from depreciation and ensuring capital growth. In this article, we will explore the main legal instruments for ruble investments: their returns, risks, liquidity, and tax features. Readers will learn about deposits, bonds, stocks, funds, as well as tax advantages ...

... significant reasons for Russians' eagerness to acquire real estate is the fear of ruble devaluation. In the context of inflationary pressure driven by sanctions, changes in global energy markets, and domestic economic challenges, the purchasing power of the ruble is unstable. In October 2024, inflation in Russia stood at 7.5%, creating a risk of significant depreciation of savings. For many, investing in real estate becomes a protective measure, as property values generally increase in line with inflation. 2. Comparison of Interest Rate Growth With Housing Price Growth The average mortgage rate in October ...

... seen an increase in costs for essential goods, including food and utility services. Reasons include higher production and supplier costs, along with external sanctions that have limited certain supplies. Impact of the ruble's exchange rate. Due to the depreciation of the 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 ...