Devaluation is the process of devaluation of the national currency, which each of us feels when prices rise and purchasing power falls. In this article, we will analyze why devaluation occurs, how it affects prices, business and everyday life of Russians, and what steps can be taken to protect your funds in the context of a weakening ruble. What is devaluation in simple terms and how does it affect the Russian economy? Devaluation is the process of reducing the ...

... risk of losing funds. In crisis situations, the likelihood of bankruptcy for these banks is minimal, and the Central Bank will provide support if necessary. Even if a bank faces difficulties, its recovery will be prioritized by the state. Impact on Business Clients For businesses, partnering with a systemically important bank means greater confidence in the stability of their funds. Such banks offer broader financing and lending options, which is particularly relevant for companies reliant on substantial ...

... step towards strengthening the country's currency market by purchasing the Saint Petersburg Currency Exchange. How will this affect currency transactions, what will the new platform give the Central Bank, and what prospects are opening up for Russian business? In this article, we examine the goals and consequences of the deal, and share our opinion on why this is important for domestic companies such as Open Oil Market. The Central Bank of Russia is acquiring the Saint Petersburg Currency Exchange: ...

What is a startup? In this video, I, Sergey Tereshkin, talk about my favorite topic, in just 15 minutes. What is a Startup, how is it different from a traditional business, what stages does a startup have, and much more. A startup (from the English start up "to launch") is a temporary organization aimed at finding a new business model. Unlike a classic project, it develops very quickly and is not limited ...

... allure of products from China. Alongside low-quality items, the country also offers a range of goods that are of quite decent quality. This includes not only electrical appliances, clothing, and consumer goods, but also equipment designed for small businesses and industrial production. Few people can avoid using products from China. Alongside low-quality goods, the Middle Kingdom offers buyers products of quite good quality. This applies not only to electrical appliances, clothing, consumer goods,...