... economic measure. Global Examples of Deposit Freezes Deposit freezes are not unique to Russia. International examples include: Cyprus, 2013: Amid a banking crisis, the government temporarily froze access to deposits and implemented significant levies to stabilize the banking sector. Argentina, 2001: During an economic crisis, strict limits were placed on withdrawals, sparking public outrage and protests. Why a Deposit Freeze Could Happen Today Several factors could lead to a deposit freeze in Russia as an emergency measure to stabilize the financial system: ...

... strategies to help investors adapt to the new reality. Economic Trends in Russia: GDP Growth Slowdown and Inflationary Challenges — What Does This Mean for Investors? Recent data from Rosstat and the Ministry of Economic Development indicate that economic growth in Russia slowed down in the third quarter of 2024, while inflationary pressures remain high. With GDP growth reduced to 3.1% and inflation stabilizing at 8.54% in October, the investment climate appears challenging, offering both opportunities and risks for investors. In this article, we will analyze how the current macroeconomic trends in Russia may impact the market and what strategies ...

... portion of global trade and investments. Countries prefer the dollar for international transactions, while central banks hold significant portions of their reserves in dollars. The dollar's sustainable dominance is attributed to its high liquidity, stability, and the economic power of the United States. However, in recent years, its position has become less stable. The imposition of U.S. sanctions against several countries, including Russia and China, has raised concerns on the international stage. Such measures weaken ...

... rate works during a crisis and during periods of growth During economic growth. When the economy is growing steadily, the Central Bank can slightly increase the key rate to avoid overheating the economy. This helps control inflation and maintain price stability. During a crisis. In an economic crisis or recession (for example, after a pandemic), the Central Bank often reduces the key rate to support businesses and the population. This makes loans more accessible and helps to restore the economy faster. How often does the key rate change?...

... profits for several banks. Amidst tightening regulation and oversight by the Central Bank, its main goal is to protect clients and stabilize the market. Yet, under prolonged high-rate conditions, this practice could catalyze a structural change in the banking ... ... leading to consolidation and increased influence of the largest players. 2. Increase in Deposit Interest Rates In the current economic climate, VTB, Sovcombank, Gazprombank, and other banks in Russia have sharply raised their deposit rates. For instance,...