... way, especially when placing deposits in the national currency. However, this tool is perfectly suited for novices who prefer not to navigate other investment avenues while possessing some liquid assets. Banks lend clients' money at a predetermined interest rate. This rate can vary depending on the term of the deposit, the financial institution itself, and its policies. The Central Bank annually sets a maximum interest rate that is not subject to taxation. It is important to clarify this figure in advance....

How will Wednesday’s events shape the global economy and financial markets? This article covers OPEC’s monthly oil market report, U.S. inflation data, Canada’s interest rate decision, and the EIA crude oil inventory report. We also analyze key corporate earnings from Macy’s and Adobe, along with their implications for the technology and retail sectors. Discover the potential impacts on Europe, the United States, and ...

... offer favorable conditions for investment only over extended periods. This is because the deposited money is used for lending. Consequently, attracting deposits for three months or less is simply unprofitable and unfeasible for financial institutions. Interest Rate. Banks are prepared to pay up to 18% per annum on deposits in rubles, although in most cases, the rates are significantly lower. In terms of foreign currencies, the figures are considerably bleaker, with interest rates rarely exceeding 10%. Exact ...

... reaction to the rate increase Many companies that planned to hold an IPO in the coming months prefer to "lay low" and wait for more favorable conditions. This is due to a number of factors: Uncertainty in the market. In the context of high interest rates and general macroeconomic instability, companies prefer to hold off on their plans to go public to avoid finding themselves in a situation where raising capital becomes impossible or too expensive. Reviewing strategies. Companies focused on public ...

This upcoming Friday, December 6, 2024, global markets anticipate a series of significant economic events poised to substantially impact global financial dynamics. Key highlights include the Reserve Bank of India's interest rate decision, Germany's industrial production data, the Eurozone's third-quarter GDP figures, as well as U.S. reports on non-farm payroll employment and unemployment rates. Additionally, investors will focus on the University of Michigan's consumer sentiment ...