... diversified currency deposit or eurobonds, 50% (500,000 ₽) in stocks and ETFs (assuming a portfolio of Russian and foreign securities, e.g., 30% MOEX + dividend level, 20% SP500/internet companies/gold), and 10% (100,000 ₽) in gold or a strategic reserve. This portfolio aims for high growth: stocks may provide 15–20% nominal annual returns, but volatility is also higher. Bonds and deposits balance sharp fluctuations, and cash holdings of gold/currencies reduce the risk of ruble depreciation. Individual Example: suppose an investor selects the "average" option. Then, from a 1 million investment, he might allocate 250,000 ₽ to deposits (for 1–1.5 years at 18%), purchase OFZ (300,...

... Bank may raise rates to strengthen the currency, make it more attractive for investors, and stabilize prices. With a strong currency, the Central Bank may lower rates to support exports and domestic production. 5. Global Market Conditions The Central ... ... domestic market. 6. Actions of Other Central Banks The actions of the largest central banks in the world, such as the US Federal Reserve and the European Central Bank, can also influence the decisions of the Central Bank. For example, if the Federal Reserve ...

... a bridge asset between different currencies: for example, a bank in one country can convert its dollars into XRP, send it through the RippleNet network, where the other party instantly converts the XRP back to euros. This eliminates the need to hold reserves of various currencies in accounts worldwide (which banks typically do for transactions). Besides banking applications, XRP can be used by anyone for fund transfers – a fee of a few cents and instant delivery is hard to beat. However, due to relatively more centralized ...

... summer vacations, currency purchases by the public rise) and ongoing geopolitical risks that heighten interest in savings in hard currencies. On the other hand, support for the national currency continues to come from still high oil prices, foreign currency sales by the Ministry of Finance (including yuan from reserves under the budget rule), as well as a high key interest rate from the Central Bank of Russia. The recent reduction of the key rate by the Central Bank to 18% per annum has slightly eased financing conditions; however, the level remains elevated....

... geopolitical risks. On Tuesday, market participants anticipate decisions from the Ministry of Finance and the Central Bank of Russia regarding currency operations volumes under the budget rule for August. If the regulator resumes significant foreign currency purchases to replenish reserves, the ruble may come under pressure. Conversely, modest interventions or a pause could give the market a breather. The external backdrop remains crucial: an improvement in risk appetite in global markets could strengthen the ruble and other emerging ...